Northwestern Mutual Wealth Management Co. Increases Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Northwestern Mutual Wealth Management Co. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 485.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,141,127 shares of the company’s stock after acquiring an additional 946,115 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $20,164,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Signature Estate & Investment Advisors LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.0% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 21,771 shares of the company’s stock worth $370,000 after acquiring an additional 629 shares in the last quarter. First Heartland Consultants Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.0% during the 4th quarter. First Heartland Consultants Inc. now owns 21,416 shares of the company’s stock worth $378,000 after acquiring an additional 629 shares in the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.9% during the 4th quarter. Transcend Capital Advisors LLC now owns 25,456 shares of the company’s stock worth $450,000 after acquiring an additional 714 shares in the last quarter. IMG Wealth Management Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 5.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 15,796 shares of the company’s stock worth $269,000 after acquiring an additional 805 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 18,151 shares of the company’s stock worth $321,000 after acquiring an additional 845 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $17.65 on Wednesday. The business’s 50 day simple moving average is $17.62 and its 200-day simple moving average is $17.61. The firm has a market capitalization of $8.17 billion, a price-to-earnings ratio of 32.28 and a beta of 0.63. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $16.02 and a 12 month high of $18.15.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Monday, May 18th will be paid a dividend of $0.1785 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 12.1%.

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.