PFG Investments LLC Sells 48,616 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

PFG Investments LLC trimmed its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 19.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 197,726 shares of the company’s stock after selling 48,616 shares during the quarter. PFG Investments LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $3,567,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hexagon Capital Partners LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% during the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock worth $38,000 after purchasing an additional 1,927 shares during the period. Mather Group LLC. acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at $39,000. American National Bank bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at $41,000. DHJJ Financial Advisors Ltd. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after purchasing an additional 2,406 shares in the last quarter. Finally, MCF Advisors LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth $49,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock traded up $0.03 during midday trading on Friday, reaching $18.15. The company had a trading volume of 4,526,506 shares, compared to its average volume of 4,388,083. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.35. The stock has a 50 day moving average price of $17.94 and a 200-day moving average price of $17.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 28th. Investors of record on Monday, October 21st will be given a dividend of $0.183 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.20 annualized dividend and a dividend yield of 12.10%.

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.