Independent Advisor Alliance Decreases Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Independent Advisor Alliance decreased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 86.8% during the 3rd quarter, Holdings Channel reports. The firm owned 18,553 shares of the company’s stock after selling 121,538 shares during the quarter. Independent Advisor Alliance’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $316,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Winnow Wealth LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at about $336,000. AE Wealth Management LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 30.1% during the 3rd quarter. AE Wealth Management LLC now owns 23,705 shares of the company’s stock worth $403,000 after buying an additional 5,488 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 22.5% during the third quarter. TD Waterhouse Canada Inc. now owns 10,900 shares of the company’s stock valued at $186,000 after acquiring an additional 2,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 189.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 753,085 shares of the company’s stock valued at $12,810,000 after acquiring an additional 493,200 shares during the last quarter. Finally, Howard Wealth Management LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 7.6% in the third quarter. Howard Wealth Management LLC now owns 34,262 shares of the company’s stock valued at $583,000 after acquiring an additional 2,422 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $17.67 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The firm has a market capitalization of $8.26 billion, a PE ratio of 32.28 and a beta of 0.65. The business’s 50 day moving average price is $17.70 and its 200-day moving average price is $17.26.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a dividend of $0.1786 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 of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 12.1%.

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.