Envestnet Portfolio Solutions Inc. Sells 58,630 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Envestnet Portfolio Solutions Inc. lessened its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 46.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,338 shares of the company’s stock after selling 58,630 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,143,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 4.2% in the 1st quarter. LPL Financial LLC now owns 12,759,474 shares of the company’s stock worth $212,190,000 after purchasing an additional 510,694 shares during the last quarter. Global X Japan Co. Ltd. raised its position in Global X Nasdaq 100 Covered Call ETF by 24.6% in the 2nd quarter. Global X Japan Co. Ltd. now owns 11,522,838 shares of the company’s stock worth $192,662,000 after purchasing an additional 2,272,240 shares during the last quarter. CWM LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 4.1% in the 2nd quarter. CWM LLC now owns 2,635,875 shares of the company’s stock worth $44,072,000 after purchasing an additional 104,744 shares during the last quarter. Ameriprise Financial Inc. raised its position in Global X Nasdaq 100 Covered Call ETF by 19.5% in the 1st quarter. Ameriprise Financial Inc. now owns 2,590,373 shares of the company’s stock worth $43,076,000 after purchasing an additional 423,101 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Global X Nasdaq 100 Covered Call ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 2,181,224 shares of the company’s stock worth $36,273,000 after purchasing an additional 51,322 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock opened at $17.28 on Friday. The company has a 50 day moving average price of $16.90 and a 200 day moving average price of $16.60. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89. The stock has a market capitalization of $8.15 billion, a PE ratio of 32.28 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, September 29th. Shareholders of record on Monday, September 22nd were given a dividend of $0.1704 per share. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date was Monday, September 22nd. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.