Janney Montgomery Scott LLC Decreases Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Janney Montgomery Scott LLC lessened its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 556,900 shares of the company’s stock after selling 9,445 shares during the period. Janney Montgomery Scott LLC owned approximately 0.12% of Global X Nasdaq 100 Covered Call ETF worth $10,046,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Chicago Partners Investment Group LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 11.0% during the third quarter. Chicago Partners Investment Group LLC now owns 28,343 shares of the company’s stock valued at $511,000 after buying an additional 2,798 shares during the period. Focus Financial Network Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 8.3% during the 3rd quarter. Focus Financial Network Inc. now owns 21,468 shares of the company’s stock valued at $387,000 after acquiring an additional 1,643 shares during the period. Principal Securities Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.3% during the 3rd quarter. Principal Securities Inc. now owns 1,052,009 shares of the company’s stock worth $18,978,000 after purchasing an additional 23,989 shares during the last quarter. Goldstone Financial Group LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth approximately $973,000. Finally, Financial Advocates Investment Management lifted its stake in Global X Nasdaq 100 Covered Call ETF by 35.2% in the third quarter. Financial Advocates Investment Management now owns 135,401 shares of the company’s stock valued at $2,443,000 after purchasing an additional 35,254 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $18.52 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.52. The business has a fifty day simple moving average of $18.02 and a two-hundred day simple moving average of $17.74. The company has a market capitalization of $8.35 billion, a P/E 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 was paid on Monday, October 28th. Investors of record on Monday, October 21st were paid a $0.183 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.20 dividend on an annualized basis and a yield of 11.86%. The ex-dividend date was Monday, October 21st.

About Global X Nasdaq 100 Covered Call ETF

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.