Partners Wealth Management LLC Makes New $1.20 Million Investment in Global X Nasdaq 100 Covered Call ETF $QYLD

Partners Wealth Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 64,464 shares of the company’s stock, valued at approximately $1,196,000.

Several other hedge funds have also recently bought and sold shares of QYLD. Thurston Springer Miller Herd & Titak Inc. boosted its position in Global X Nasdaq 100 Covered Call ETF by 152.2% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,513 shares of the company’s stock worth $28,000 after acquiring an additional 913 shares during the period. Matrix Private Capital Group LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at about $27,000. CoreCap Advisors LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 231.0% during the 2nd quarter. CoreCap Advisors LLC now owns 5,478 shares of the company’s stock valued at $101,000 after acquiring an additional 3,823 shares in the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 66.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 6,926 shares of the company’s stock valued at $128,000 after purchasing an additional 2,776 shares during the period. Finally, Eagle Strategies LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 7.1% in the 3rd quarter. Eagle Strategies LLC now owns 12,593 shares of the company’s stock valued at $234,000 after purchasing an additional 837 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ QYLD opened at $17.89 on Friday. The company has a 50 day simple moving average of $18.40 and a 200-day simple moving average of $17.96. The firm has a market capitalization of $8.19 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 $16.63 and a 52-week high of $18.76.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Monday, October 19th were paid a $0.1826 dividend. The ex-dividend date was Monday, October 19th. This represents a $2.19 annualized dividend and a yield of 12.2%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767.

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.