Sound Income Strategies LLC Sells 132,059 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Sound Income Strategies LLC lowered its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.5% during the first quarter, HoldingsChannel reports. The firm owned 1,020,591 shares of the company’s stock after selling 132,059 shares during the quarter. Sound Income Strategies LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $17,605,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Prevail Innovative Wealth Advisors LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 26.7% during the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 191,458 shares of the company’s stock worth $3,257,000 after purchasing an additional 40,381 shares in the last quarter. Caerus Investment Advisors LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 7.5% in the third quarter. Caerus Investment Advisors LLC now owns 657,895 shares of the company’s stock valued at $11,191,000 after buying an additional 46,044 shares in the last quarter. Brookwood Investment Group LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 42.3% in the fourth quarter. Brookwood Investment Group LLC now owns 102,650 shares of the company’s stock valued at $1,814,000 after buying an additional 30,516 shares during the period. HF Advisory Group LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 62.1% in the fourth quarter. HF Advisory Group LLC now owns 101,881 shares of the company’s stock valued at $1,800,000 after buying an additional 39,049 shares during the period. Finally, Benchmark Financial LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth $884,000.

Global X Nasdaq 100 Covered Call ETF Stock Down 1.2%

Shares of NASDAQ:QYLD opened at $18.09 on Friday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $16.35 and a 12 month high of $18.54. The company’s fifty day simple moving average is $18.02 and its 200 day simple moving average is $17.75. The firm has a market cap of $8.22 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.1854 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 was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 12.3%.

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.