Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Sold by Redwood Financial Network Corp

Redwood Financial Network Corp lessened its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 178,526 shares of the company’s stock after selling 2,350 shares during the quarter. Global X Nasdaq 100 Covered Call ETF makes up 2.7% of Redwood Financial Network Corp’s holdings, making the stock its 6th biggest position. Redwood Financial Network Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $3,155,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Fisher Asset Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth about $220,000. MCF Advisors LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter valued at approximately $49,000. US Bancorp DE acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter worth approximately $573,000. Oppenheimer & Co. Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 5.9% in the first quarter. Oppenheimer & Co. Inc. now owns 51,561 shares of the company’s stock worth $923,000 after acquiring an additional 2,861 shares during the last quarter. Finally, Fifth Third Securities Inc. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 53.9% during the first quarter. Fifth Third Securities Inc. now owns 176,566 shares of the company’s stock worth $3,162,000 after purchasing an additional 61,805 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.4 %

Shares of QYLD opened at $17.42 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.04. The stock has a market cap of $8.16 billion, a PE ratio of 28.58 and a beta of 0.71. The firm’s fifty day moving average is $17.57 and its two-hundred day moving average is $17.67.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 26th. Investors of record on Monday, August 19th were given a dividend of $0.179 per share. The ex-dividend date of this dividend was Monday, August 19th. This is a positive change 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 yield of 12.33%.

About Global X Nasdaq 100 Covered Call ETF

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.