Global X Nasdaq 100 Covered Call ETF $QYLD Position Raised by Sims Investment Management LLC

Sims Investment Management LLC grew its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 3.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,148,308 shares of the company’s stock after purchasing an additional 37,203 shares during the quarter. Global X Nasdaq 100 Covered Call ETF makes up 7.2% of Sims Investment Management LLC’s investment portfolio, making the stock its 3rd largest position. Sims Investment Management LLC owned approximately 0.25% of Global X Nasdaq 100 Covered Call ETF worth $19,693,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of QYLD. LPL Financial LLC raised its stake in Global X Nasdaq 100 Covered Call ETF by 2.8% in the fourth quarter. LPL Financial LLC now owns 11,586,603 shares of the company’s stock valued at $204,735,000 after buying an additional 312,055 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after acquiring an additional 571,203 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.5% in the 4th quarter. Royal Bank of Canada now owns 1,785,168 shares of the company’s stock valued at $31,544,000 after acquiring an additional 43,333 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% in the 1st quarter. Brookstone Capital Management now owns 1,386,882 shares of the company’s stock valued at $23,785,000 after acquiring an additional 49,189 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 11.6% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,290,272 shares of the company’s stock worth $21,931,000 after acquiring an additional 133,633 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.6%

QYLD stock opened at $18.01 on Friday. The business has a 50 day moving average price of $17.98 and a 200 day moving average price of $17.73. The stock has a market cap of $8.34 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62. 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 Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were given a dividend of $0.1854 per share. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 12.4%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.