Global X Nasdaq 100 Covered Call ETF $QYLD Shares Sold by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. cut its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 38.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 48,505 shares of the company’s stock after selling 29,867 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $832,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. LPL Financial LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 11,586,603 shares of the company’s stock worth $204,735,000 after purchasing an additional 312,055 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 22.1% during the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock valued at $52,883,000 after purchasing an additional 571,203 shares during the last quarter. Royal Bank of Canada lifted its stake in Global X Nasdaq 100 Covered Call ETF by 2.5% during the fourth quarter. Royal Bank of Canada now owns 1,785,168 shares of the company’s stock valued at $31,544,000 after purchasing an additional 43,333 shares during the last quarter. Brookstone Capital Management boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 3.7% during the first quarter. Brookstone Capital Management now owns 1,386,882 shares of the company’s stock worth $23,785,000 after buying an additional 49,189 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 11.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,290,272 shares of the company’s stock worth $21,931,000 after buying an additional 133,633 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $18.13 on Thursday. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $16.35 and a 1 year high of $18.54. The firm’s 50 day moving average price is $18.05 and its two-hundred day moving average price is $17.77.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.1854 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 12.3%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

Global X Nasdaq 100 Covered Call ETF 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.