Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Stake Boosted by Northstar Advisory Group LLC

Northstar Advisory Group LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 6.3% in the 1st quarter, Holdings Channel reports. The firm owned 23,947 shares of the company’s stock after purchasing an additional 1,428 shares during the quarter. Northstar Advisory Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of QYLD. Robertson Stephens Wealth Management LLC bought a new position in Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth $186,000. Strategic Financial Concepts LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 1,740.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 473,999 shares of the company’s stock worth $8,636,000 after acquiring an additional 448,242 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 12.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 374,852 shares of the company’s stock worth $6,830,000 after acquiring an additional 42,588 shares during the period. Focus Financial Network Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.6% in the 4th quarter. Focus Financial Network Inc. now owns 22,242 shares of the company’s stock worth $405,000 after acquiring an additional 774 shares during the period. Finally, Sovran Advisors LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at about $837,000.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.5%

QYLD opened at $16.57 on Monday. The business’s 50 day moving average is $16.21 and its 200-day moving average is $17.43. The stock has a market cap of $8.34 billion, a PE ratio of 30.00 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a dividend of $0.165 per share. The ex-dividend date was Monday, May 19th. This represents a $1.98 dividend on an annualized basis and a yield of 11.95%.

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.