Chase Investment Counsel Corp Lowers Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Chase Investment Counsel Corp lessened its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 13.8% in the 3rd quarter, Holdings Channel reports. The fund owned 80,496 shares of the company’s stock after selling 12,874 shares during the period. Chase Investment Counsel Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,452,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $39,000. American National Bank purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the second quarter worth about $41,000. DHJJ Financial Advisors Ltd. grew its position in Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after buying an additional 2,406 shares during the period. Oliver Lagore Vanvalin Investment Group grew its position in Global X Nasdaq 100 Covered Call ETF by 46.5% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 2,930 shares of the company’s stock worth $52,000 after buying an additional 930 shares during the period. Finally, Chris Bulman Inc purchased a new position in Global X Nasdaq 100 Covered Call ETF in the second quarter valued at about $54,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.55 on Wednesday. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business’s 50 day simple moving average is $18.04 and its 200-day simple moving average is $17.76. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.56.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 28th. Shareholders of record on Monday, October 21st were issued a $0.183 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, October 21st. This represents a $2.20 annualized dividend and a yield of 11.84%.

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.