Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Reaches New 1-Year High – Here’s What Happened

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $18.17 and last traded at $18.16, with a volume of 369950 shares traded. The stock had previously closed at $18.15.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.2 %

The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The stock has a 50-day moving average price of $17.70 and a 200 day moving average price of $17.69.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were paid a dividend of $0.181 per share. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, September 23rd. This represents a $2.17 annualized dividend and a yield of 11.93%.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

Institutional investors have recently added to or reduced their stakes in the business. MCF Advisors LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the first quarter worth approximately $49,000. Fisher Asset Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $217,000. US Bancorp DE purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the first quarter valued at approximately $573,000. Oppenheimer & Co. Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 5.9% in the first quarter. Oppenheimer & Co. Inc. now owns 51,561 shares of the company’s stock valued at $923,000 after buying an additional 2,861 shares during the last quarter. Finally, Fifth Third Securities Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 53.9% in the first quarter. Fifth Third Securities Inc. now owns 176,566 shares of the company’s stock valued at $3,162,000 after buying an additional 61,805 shares during the last quarter.

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.