McAdam LLC Sells 739 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

McAdam LLC trimmed its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 23,844 shares of the company’s stock after selling 739 shares during the quarter. McAdam LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QYLD. LPL Financial LLC grew its holdings in shares of 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 acquiring an additional 452,159 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth $66,617,000. Raymond James Financial Services Advisors Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 0.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,658,150 shares of the company’s stock valued at $46,092,000 after purchasing an additional 12,364 shares during the period. UBS Group AG increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.4% during 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 last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 58.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,068,320 shares of the company’s stock worth $34,686,000 after purchasing an additional 766,972 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

QYLD opened at $17.49 on Tuesday. The firm has a market cap of $7.98 billion, a P/E ratio of 29.62 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.25 and a fifty-two week high of $18.16. The firm has a 50-day moving average of $17.79 and a 200 day moving average of $17.46.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be paid a dividend of $0.1723 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $2.07 annualized dividend and a dividend yield of 11.82%.

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.