Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Bought by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,147 shares of the company’s stock after buying an additional 3,593 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $992,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Hexagon Capital Partners LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after buying an additional 1,927 shares during the period. Mather Group LLC. acquired a new position in Global X Nasdaq 100 Covered Call ETF during the second quarter worth $39,000. American National Bank purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the second quarter worth $41,000. DHJJ Financial Advisors Ltd. grew its holdings in Global X Nasdaq 100 Covered Call ETF by 3,591.0% in 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 last quarter. Finally, MCF Advisors LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter valued at $49,000.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.4 %

NASDAQ:QYLD opened at $17.42 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.04. The stock has a fifty day simple moving average of $17.57 and a 200-day simple moving average of $17.67. The company has a market capitalization of $8.16 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 26th. Shareholders of record on Monday, August 19th were given a dividend of $0.179 per share. The ex-dividend date was Monday, August 19th. This represents a $2.15 dividend on an annualized basis and a yield of 12.33%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.