Private Advisor Group LLC Sells 98,878 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Private Advisor Group LLC reduced its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 26.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 281,914 shares of the company’s stock after selling 98,878 shares during the quarter. Private Advisor Group LLC owned about 0.06% of Global X Nasdaq 100 Covered Call ETF worth $4,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of QYLD. LPL Financial LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,125,363 shares of the company’s stock valued at $153,032,000 after buying an additional 452,159 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth $66,617,000. Raymond James Financial Services Advisors Inc. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 0.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,658,150 shares of the company’s stock worth $46,092,000 after purchasing an additional 12,364 shares in the last quarter. UBS Group AG raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.4% in the 3rd quarter. UBS Group AG now owns 2,603,370 shares of the company’s stock valued at $43,659,000 after purchasing an additional 85,567 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 58.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,068,320 shares of the company’s stock valued at $34,686,000 after purchasing an additional 766,972 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $17.62 on Thursday. The stock has a 50-day simple moving average of $17.76 and a 200 day simple moving average of $17.48. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.25 and a 52-week high of $18.16. The company has a market cap of $8.04 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd were paid a dividend of $0.1723 per share. The ex-dividend date was Monday, April 22nd. This represents a $2.07 annualized dividend and a dividend yield of 11.73%.

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.