181,840 Shares in Global X Nasdaq 100 Covered Call ETF $QYLD Purchased by Independent Financial Group LLC

Independent Financial Group LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 181,840 shares of the company’s stock, valued at approximately $3,119,000.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.8% during the fourth quarter. LPL Financial LLC now owns 11,586,603 shares of the company’s stock valued at $204,735,000 after acquiring an additional 312,055 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% in the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after acquiring an additional 571,203 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.5% in the fourth quarter. Royal Bank of Canada now owns 1,785,168 shares of the company’s stock worth $31,544,000 after acquiring an additional 43,333 shares during the last quarter. Brookstone Capital Management increased its position in shares of 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 purchasing an additional 49,189 shares in the last quarter. Finally, IMC Chicago LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 469.0% during the first quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after purchasing an additional 1,068,210 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD stock opened at $17.81 on Friday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.35 and a fifty-two week high of $18.54. The stock’s fifty day moving average is $18.08 and its two-hundred day moving average is $17.79. The firm has a market capitalization of $8.05 billion, a P/E ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were given a $0.1854 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, June 22nd.

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.