Sound Income Strategies LLC Trims Stake in Global X Nasdaq 100 Covered Call ETF $QYLD

Sound Income Strategies LLC reduced its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,152,650 shares of the company’s stock after selling 61,348 shares during the period. Global X Nasdaq 100 Covered Call ETF comprises approximately 1.0% of Sound Income Strategies LLC’s holdings, making the stock its 28th biggest position. Sound Income Strategies LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $20,609,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in QYLD. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at $30,000. Physician Wealth Advisors Inc. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 462.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,154 shares of the company’s stock valued at $38,000 after purchasing an additional 1,771 shares in the last quarter. Bayforest Capital Ltd lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 192.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after acquiring an additional 1,652 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 41.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock worth $51,000 after acquiring an additional 901 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ QYLD opened at $17.36 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $14.48 and a 52-week high of $18.00. The company has a market capitalization of $8.18 billion, a P/E ratio of 32.28 and a beta of 0.65. The company has a fifty day moving average of $17.51 and a 200-day moving average of $17.47.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.1715 per share. The ex-dividend date of this dividend was Monday, March 23rd.

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.