Partners Wealth Management LLC Makes New Investment in Global X Nasdaq 100 Covered Call ETF $QYLD

Partners Wealth Management LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 64,464 shares of the company’s stock, valued at approximately $1,196,000.

A number of other institutional investors have also recently bought and sold shares of the company. Soltis Investment Advisors LLC acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth about $1,186,000. Howard Wealth Management LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.4% during the 3rd quarter. Howard Wealth Management LLC now owns 38,600 shares of the company’s stock worth $716,000 after purchasing an additional 892 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter worth about $1,293,000. Essential Investment Partners LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at about $574,000. Finally, Roman Butler Fullerton & Co. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 28.4% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 122,890 shares of the company’s stock valued at $2,248,000 after buying an additional 27,214 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ QYLD opened at $17.89 on Friday. The stock has a market cap of $8.19 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. The business has a 50 day simple moving average of $18.40 and a 200 day simple moving average of $17.96. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $16.63 and a 52 week high of $18.76.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were given a dividend of $0.1826 per share. The ex-dividend date of this dividend was Monday, October 19th. 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 yield of 12.2%.

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.