EverSource Wealth Advisors LLC Takes Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

EverSource Wealth Advisors LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,809 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors also recently modified their holdings of the company. Hexagon Capital Partners LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% in the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after acquiring an additional 1,927 shares in the last quarter. Mather Group LLC. bought a new position in Global X Nasdaq 100 Covered Call ETF during the second quarter valued at $39,000. American National Bank bought a new position in Global X Nasdaq 100 Covered Call ETF during the second quarter valued at $41,000. DHJJ Financial Advisors Ltd. grew its holdings in Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after purchasing an additional 2,406 shares during the period. Finally, MCF Advisors LLC bought a new position in Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $49,000.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.1 %

Shares of NASDAQ QYLD opened at $18.01 on Friday. The stock has a fifty day simple moving average of $17.58 and a two-hundred day simple moving average of $17.68. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.17. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be issued a dividend of $0.181 per share. This represents a $2.17 annualized dividend and a yield of 12.06%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date is Monday, September 23rd.

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.