Proficio Capital Partners LLC Invests $12.23 Million in Global X Nasdaq 100 Covered Call ETF $QYLD

Proficio Capital Partners LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 663,735 shares of the company’s stock, valued at approximately $12,233,000. Proficio Capital Partners LLC owned 0.15% of Global X Nasdaq 100 Covered Call ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth about $244,000. Focus Partners Wealth boosted its stake in Global X Nasdaq 100 Covered Call ETF by 81.4% in the first quarter. Focus Partners Wealth now owns 35,289 shares of the company’s stock valued at $587,000 after acquiring an additional 15,835 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.3% during the second quarter. JPMorgan Chase & Co. now owns 405,374 shares of the company’s stock worth $6,778,000 after purchasing an additional 12,914 shares during the last quarter. Cerity Partners LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 186.7% during the second quarter. Cerity Partners LLC now owns 326,875 shares of the company’s stock worth $5,456,000 after purchasing an additional 212,857 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 68.4% during the second quarter. Daiwa Securities Group Inc. now owns 87,610 shares of the company’s stock worth $1,465,000 after purchasing an additional 35,570 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.1%

Shares of NASDAQ QYLD opened at $18.28 on Tuesday. The business has a 50-day moving average price of $18.05 and a 200 day moving average price of $17.84. The stock has a market cap of $8.33 billion, a PE ratio of 32.28 and a beta of 0.62. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.42 and a 52-week high of $18.54.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 27th. Stockholders of record on Monday, August 24th were issued a $0.1829 dividend. The ex-dividend date of this dividend was Monday, August 24th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 12.0%.

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.