Verus Capital Partners LLC Buys 5,960 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Verus Capital Partners LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.0% in the second quarter, HoldingsChannel.com reports. The firm owned 72,348 shares of the company’s stock after purchasing an additional 5,960 shares during the quarter. Verus Capital Partners LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,278,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in QYLD. Cetera Investment Advisers lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 424.9% in the 1st quarter. Cetera Investment Advisers now owns 1,157,828 shares of the company’s stock valued at $20,737,000 after purchasing an additional 937,265 shares during the period. Principal Securities Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth approximately $15,923,000. SageView Advisory Group LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 1,917.9% during the 4th quarter. SageView Advisory Group LLC now owns 590,564 shares of the company’s stock worth $10,240,000 after buying an additional 561,298 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 61.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,006,080 shares of the company’s stock valued at $18,019,000 after acquiring an additional 382,608 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 9.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,743 shares of the company’s stock valued at $56,946,000 after acquiring an additional 283,654 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.7 %

NASDAQ:QYLD traded up $0.13 during trading hours on Monday, reaching $17.89. The company had a trading volume of 4,040,500 shares, compared to its average volume of 4,537,887. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $15.91 and a twelve month high of $18.04. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business’s 50-day simple moving average is $17.59 and its two-hundred day simple moving average is $17.68.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 26th. Investors of record on Monday, August 19th were issued a $0.179 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.15 dividend on an annualized basis and a dividend yield of 12.01%. The ex-dividend date of this dividend was Monday, August 19th.

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.