Weaver Consulting Group Sells 21,484 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Weaver Consulting Group cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 40.9% in the second quarter, Holdings Channel reports. The institutional investor owned 31,103 shares of the company’s stock after selling 21,484 shares during the period. Weaver Consulting Group’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. NFP Retirement Inc. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 20.7% in the 2nd quarter. NFP Retirement Inc. now owns 152,340 shares of the company’s stock worth $2,547,000 after acquiring an additional 26,119 shares during the last quarter. Alteri Wealth LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $256,000. Avantax Advisory Services Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 9.4% during the second quarter. Avantax Advisory Services Inc. now owns 528,084 shares of the company’s stock valued at $8,830,000 after buying an additional 45,327 shares during the period. Cetera Investment Advisers grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 7.9% during the second quarter. Cetera Investment Advisers now owns 1,486,807 shares of the company’s stock valued at $24,859,000 after buying an additional 108,720 shares during the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 14.3% during the second quarter. Foundations Investment Advisors LLC now owns 61,528 shares of the company’s stock valued at $1,029,000 after buying an additional 7,677 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD stock opened at $17.56 on Thursday. The stock has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.82. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $14.48 and a 52-week high of $18.89. The firm has a market capitalization of $8.17 billion, a P/E ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 27th. Stockholders of record on Monday, October 20th were issued a $0.1731 dividend. The ex-dividend date was Monday, October 20th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%.

Global X Nasdaq 100 Covered Call ETF Company Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.