Collaborative Wealth Managment Inc. Has $2.26 Million Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Collaborative Wealth Managment Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 123,857 shares of the company’s stock after buying an additional 4,486 shares during the quarter. Global X Nasdaq 100 Covered Call ETF makes up approximately 1.0% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 25th largest position. Collaborative Wealth Managment Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,257,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $25,000. Crewe Advisors LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% in the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after purchasing an additional 1,468 shares during the last quarter. Copley Financial Group Inc. acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at approximately $35,000. Finally, Hollencrest Capital Management acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $50,000.

Global X Nasdaq 100 Covered Call ETF Trading Up 2.4 %

Global X Nasdaq 100 Covered Call ETF stock opened at $16.97 on Friday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.89. The stock’s 50 day moving average is $18.20 and its 200-day moving average is $18.17. The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of 30.84 and a beta of 0.63.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a $0.165 dividend. The ex-dividend date was Monday, February 24th.

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.