Global X Nasdaq 100 Covered Call ETF $QYLD Stock Sold by Sound Income Strategies LLC

Sound Income Strategies LLC decreased its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,004,667 shares of the company’s stock after selling 41,824 shares during the period. Sound Income Strategies LLC owned approximately 0.22% of Global X Nasdaq 100 Covered Call ETF worth $18,747,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QYLD. Bank of America Corp DE lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock worth $83,823,000 after buying an additional 34,751 shares during the period. Foguth Wealth Management LLC. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after acquiring an additional 838,503 shares during the period. Brookstone Capital Management grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% during the 1st quarter. Brookstone Capital Management now owns 1,386,882 shares of the company’s stock worth $23,785,000 after acquiring an additional 49,189 shares during the period. IMC Chicago LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 469.0% in the 1st quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after acquiring an additional 1,068,210 shares in the last quarter. Finally, Sims Investment Management LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.3% in the 1st quarter. Sims Investment Management LLC now owns 1,148,308 shares of the company’s stock valued at $19,693,000 after purchasing an additional 37,203 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock traded up $0.03 during midday trading on Friday, hitting $18.69. The stock had a trading volume of 2,523,563 shares, compared to its average volume of 6,706,177. The business has a 50-day moving average of $18.32 and a two-hundred day moving average of $18.01. The firm has a market cap of $8.51 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.63 and a 52-week high of $18.70.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 21st were paid a $0.1767 dividend. This represents a $2.12 annualized dividend and a dividend yield of 11.3%. The ex-dividend date was Monday, September 21st. This is a negative change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1829.

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.