Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Hits New 12-Month High – Here’s What Happened

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) shares reached a new 52-week high on Wednesday . The company traded as high as $18.40 and last traded at $18.40, with a volume of 430498 shares traded. The stock had previously closed at $18.21.

Global X Nasdaq 100 Covered Call ETF Price Performance

The stock has a market cap of $8.31 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The firm has a fifty day moving average of $17.99 and a 200 day moving average of $17.73.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, October 21st were issued a dividend of $0.183 per share. The ex-dividend date of this dividend was Monday, October 21st. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.20 dividend on an annualized basis and a dividend yield of 11.92%.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

A number of institutional investors have recently modified their holdings of the company. Mather Group LLC. acquired a new position in Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth $39,000. American National Bank purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter worth approximately $41,000. DHJJ Financial Advisors Ltd. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 3,591.0% in the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after acquiring an additional 2,406 shares in the last quarter. Oliver Lagore Vanvalin Investment Group lifted its stake in Global X Nasdaq 100 Covered Call ETF by 46.5% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 2,930 shares of the company’s stock worth $52,000 after acquiring an additional 930 shares during the last quarter. Finally, Chris Bulman Inc acquired a new position in Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth approximately $54,000.

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.