Royal Bank of Canada Decreases Stake in Global X Nasdaq 100 Covered Call ETF $QYLD

Royal Bank of Canada cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,736,807 shares of the company’s stock after selling 48,361 shares during the period. Royal Bank of Canada owned 0.38% of Global X Nasdaq 100 Covered Call ETF worth $29,786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of QYLD. Kingswood Wealth Advisors LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 81.9% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 120,388 shares of the company’s stock worth $2,127,000 after buying an additional 54,205 shares during the period. Brookwood Investment Group LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 42.3% in the 4th quarter. Brookwood Investment Group LLC now owns 102,650 shares of the company’s stock valued at $1,814,000 after acquiring an additional 30,516 shares during the period. Benchmark Financial LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth $884,000. PFG Investments LLC raised its stake in Global X Nasdaq 100 Covered Call ETF by 18.0% in the 4th quarter. PFG Investments LLC now owns 307,387 shares of the company’s stock worth $5,432,000 after acquiring an additional 46,944 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth about $518,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $18.08 on Wednesday. The business’s 50-day simple moving average is $18.02 and its two-hundred day simple moving average is $17.78. The company has a market cap of $8.24 billion, a PE ratio of 32.28 and a beta of 0.61. 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.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were issued a dividend of $0.1775 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%.

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.