Global X Nasdaq 100 Covered Call ETF $QYLD Shares Sold by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC trimmed its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.4% in the 1st quarter, Holdings Channel reports. The fund owned 580,224 shares of the company’s stock after selling 33,114 shares during the quarter. Global X Nasdaq 100 Covered Call ETF comprises 4.1% of Caerus Investment Advisors LLC’s portfolio, making the stock its 5th biggest holding. Caerus Investment Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $9,951,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Foguth Wealth Management LLC. increased its position in Global X Nasdaq 100 Covered Call ETF by 67.4% during the first quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after acquiring an additional 838,503 shares during the period. Montchanin Asset Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at $3,574,000. Western Wealth Management LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 13.6% in the 1st quarter. Western Wealth Management LLC now owns 38,871 shares of the company’s stock valued at $667,000 after purchasing an additional 4,650 shares during the period. Bank of America Corp DE grew its position in Global X Nasdaq 100 Covered Call ETF by 0.7% in the 1st quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock worth $83,823,000 after purchasing an additional 34,751 shares during the last quarter. Finally, Genesis Financial Group LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 10.9% in the 1st quarter. Genesis Financial Group LLC now owns 31,014 shares of the company’s stock worth $532,000 after purchasing an additional 3,041 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $17.74 on Friday. The firm’s 50-day moving average is $18.01 and its 200-day moving average is $17.78. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.35 and a 52-week high of $18.54.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were given a dividend of $0.1775 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 12.0%.

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.