Founders Financial Alliance LLC Cuts Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Founders Financial Alliance LLC decreased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,385 shares of the company’s stock after selling 930 shares during the period. Founders Financial Alliance LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $736,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in QYLD. Raymond James Financial Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $72,550,000. Global X Japan Co. Ltd. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% in the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock valued at $98,648,000 after purchasing an additional 1,005,072 shares in the last quarter. Sims Investment Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $13,764,000. LPL Financial LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 6.4% in the 3rd quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after purchasing an additional 646,364 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $10,444,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.74 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.89. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 33.29 and a beta of 0.71. The company has a fifty day moving average of $18.32 and a 200-day moving average of $18.20.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a dividend of $0.165 per share. The ex-dividend date was Monday, February 24th.

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.