Retirement Planning Group LLC Takes $999,000 Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Retirement Planning Group LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 58,710 shares of the company’s stock, valued at approximately $999,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Global X Japan Co. Ltd. lifted its position in Global X Nasdaq 100 Covered Call ETF by 24.6% during the 2nd quarter. Global X Japan Co. Ltd. now owns 11,522,838 shares of the company’s stock worth $192,662,000 after buying an additional 2,272,240 shares in the last quarter. Signal Advisors Wealth LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 453.8% in the second quarter. Signal Advisors Wealth LLC now owns 1,755,440 shares of the company’s stock valued at $29,351,000 after acquiring an additional 1,438,461 shares during the last quarter. Bensler LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF by 4,648.8% during the second quarter. Bensler LLC now owns 1,261,192 shares of the company’s stock worth $21,087,000 after acquiring an additional 1,234,634 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in Global X Nasdaq 100 Covered Call ETF by 1,175.4% during the second quarter. J.W. Cole Advisors Inc. now owns 1,047,067 shares of the company’s stock valued at $17,507,000 after purchasing an additional 964,971 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in 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 valued at $52,883,000 after purchasing an additional 571,203 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ QYLD opened at $17.89 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $14.48 and a 12 month high of $18.89. The stock has a 50 day moving average of $17.58 and a 200-day moving average of $17.15. The company has a market cap of $8.30 billion, a PE ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 22nd were paid a $0.1779 dividend. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 11.9%. The ex-dividend date was Monday, December 22nd.

About Global X Nasdaq 100 Covered Call ETF

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.