StoneX Group Inc. Acquires 45,584 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

StoneX Group Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,584 shares of the company’s stock, valued at approximately $846,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in Global X Nasdaq 100 Covered Call ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock valued at $83,823,000 after acquiring an additional 34,751 shares in the last quarter. Foguth Wealth Management LLC. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after purchasing an additional 838,503 shares during the last quarter. IMC Chicago LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 469.0% during the 1st 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 during the last quarter. Proficio Capital Partners LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at approximately $12,233,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at approximately $12,057,000.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.5%

NASDAQ QYLD opened at $17.59 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.63 and a fifty-two week high of $18.76. The business has a fifty day moving average of $18.31 and a 200-day moving average of $17.95. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 25.85 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Monday, October 19th were given a $0.1826 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767. This represents a $2.19 dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date of this dividend was Monday, October 19th.

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.