Mirae Asset Global Investments Co. Ltd. Buys 277,885 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Mirae Asset Global Investments Co. Ltd. bought a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, Holdings Channel reports. The firm bought 277,885 shares of the company’s stock, valued at approximately $5,155,000.

Other institutional investors have also recently made changes to their positions in the company. Matrix Private Capital Group LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its position in Global X Nasdaq 100 Covered Call ETF by 152.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,513 shares of the company’s stock worth $28,000 after purchasing an additional 913 shares during the period. CoreCap Advisors LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 231.0% in the 2nd quarter. CoreCap Advisors LLC now owns 5,478 shares of the company’s stock worth $101,000 after purchasing an additional 3,823 shares during the period. Armstrong Advisory Group Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 66.9% in the third quarter. Armstrong Advisory Group Inc. now owns 6,926 shares of the company’s stock worth $128,000 after purchasing an additional 2,776 shares during the last quarter. Finally, Eagle Strategies LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 7.1% in the third quarter. Eagle Strategies LLC now owns 12,593 shares of the company’s stock worth $234,000 after purchasing an additional 837 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $16.87 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $16.63 and a 1 year high of $18.76. The business has a 50 day simple moving average of $18.36 and a two-hundred day simple moving average of $17.95. The firm has a market capitalization of $7.73 billion, a PE ratio of 32.28 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were paid a dividend of $0.1826 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 13.0%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767.

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.