Soltis Investment Advisors LLC Makes New $1.19 Million Investment in Global X Nasdaq 100 Covered Call ETF $QYLD

Soltis Investment Advisors LLC bought a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 63,928 shares of the company’s stock, valued at approximately $1,186,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 0.7% during the first quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock valued at $83,823,000 after purchasing an additional 34,751 shares in the last quarter. Foguth Wealth Management LLC. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 67.4% during the first 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 grew its position in Global X Nasdaq 100 Covered Call ETF by 469.0% in 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 in the last quarter. Proficio Capital Partners LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth about $12,233,000. Finally, Janney Montgomery Scott LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 649,159 shares of the company’s stock valued at $11,133,000 after buying an additional 17,085 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $17.89 on Friday. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $16.63 and a 52 week high of $18.76. The firm has a 50-day moving average price of $18.40 and a two-hundred day moving average price of $17.96. The firm has a market cap of $8.19 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Monday, October 19th were issued 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 annualized dividend and a dividend yield of 12.2%. The ex-dividend date of this dividend was Monday, October 19th.

Global X Nasdaq 100 Covered Call ETF Company 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.