MCF Advisors LLC Makes New $49,000 Investment in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

MCF Advisors LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,750 shares of the company’s stock, valued at approximately $49,000.

Several other large investors also recently modified their holdings of the company. Allworth Financial LP lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 379.9% in the fourth quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after buying an additional 1,303 shares during the period. Ulland Investment Advisors LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at about $57,000. Financial Gravity Asset Management Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 1,800.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 3,971 shares of the company’s stock valued at $67,000 after purchasing an additional 3,762 shares in the last quarter. Beacon Capital Management LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 220.6% during the 4th quarter. Beacon Capital Management LLC now owns 4,146 shares of the company’s stock valued at $70,000 after purchasing an additional 2,853 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Global X Nasdaq 100 Covered Call ETF by 1,913.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,026 shares of the company’s stock worth $70,000 after purchasing an additional 3,826 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD opened at $17.67 on Friday. The firm has a market cap of $8.07 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.25 and a 52-week high of $18.16. The business’s 50 day moving average price is $17.61 and its two-hundred day moving average price is $17.66.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Monday, June 24th will be given a dividend of $0.1686 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 11.45%. The ex-dividend date is Monday, June 24th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.16.

Global X Nasdaq 100 Covered Call ETF 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.