Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 13.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,622 shares of the company’s stock after selling 4,651 shares during the period. Bank of New York Mellon Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $523,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of QYLD. Patten Group Inc. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 18.4% in the second quarter. Patten Group Inc. now owns 33,953 shares of the company’s stock worth $600,000 after acquiring an additional 5,266 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 8.4% in the second quarter. First Heartland Consultants Inc. now owns 15,210 shares of the company’s stock valued at $269,000 after buying an additional 1,178 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.5% in the second quarter. Clear Creek Financial Management LLC now owns 79,359 shares of the company’s stock valued at $1,402,000 after buying an additional 1,140 shares in the last quarter. McAdam LLC raised its stake in Global X Nasdaq 100 Covered Call ETF by 12.7% during the 2nd quarter. McAdam LLC now owns 29,435 shares of the company’s stock valued at $520,000 after purchasing an additional 3,323 shares during the period. Finally, Joseph P. Lucia & Associates LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.8% in the second quarter. Joseph P. Lucia & Associates LLC now owns 129,701 shares of the company’s stock worth $2,292,000 after acquiring an additional 978 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2 %

Shares of NASDAQ:QYLD opened at $17.97 on Wednesday. The stock has a market capitalization of $8.42 billion, a PE ratio of 28.58 and a beta of 0.71. 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 fifty day moving average price of $17.58 and a 200 day moving average price of $17.68.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 12.09%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Monday, September 23rd.

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.