Mayflower Financial Advisors LLC Takes Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Mayflower Financial Advisors LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 68,665 shares of the company’s stock, valued at approximately $1,168,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Global X Japan Co. Ltd. raised its position in Global X Nasdaq 100 Covered Call ETF by 15.2% in the 3rd quarter. Global X Japan Co. Ltd. now owns 13,275,162 shares of the company’s stock valued at $225,811,000 after buying an additional 1,752,324 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of 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 during the last quarter. CWM LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% during the second quarter. CWM LLC now owns 2,635,875 shares of the company’s stock valued at $44,072,000 after purchasing an additional 104,744 shares in the last quarter. Royal Bank of Canada boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 2,181,224 shares of the company’s stock worth $36,273,000 after purchasing an additional 51,322 shares during the last quarter. Finally, Signal Advisors Wealth LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 453.8% in the 2nd quarter. Signal Advisors Wealth LLC now owns 1,755,440 shares of the company’s stock worth $29,351,000 after purchasing an additional 1,438,461 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $17.75 on Friday. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $14.48 and a 52 week high of $18.89. The firm has a 50-day moving average price of $17.47 and a two-hundred day moving average price of $17.04. The firm has a market cap of $8.26 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 22nd will be issued a dividend of $0.1779 per share. This represents a c) dividend on an annualized basis and a yield of 12.0%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date is Monday, December 22nd.

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.