Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Hits New 12-Month High at $18.05

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) reached a new 52-week high on Tuesday . The company traded as high as $18.05 and last traded at $18.02, with a volume of 350871 shares. The stock had previously closed at $17.99.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.1 %

The business has a 50-day simple moving average of $17.57 and a 200-day simple moving average of $17.67. The company has a market cap of $8.43 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 26th. Stockholders of record on Monday, August 19th were given a dividend of $0.179 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 was Monday, August 19th. This represents a $2.15 dividend on an annualized basis and a dividend yield of 11.93%.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rockport Wealth LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% in the second quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock valued at $1,157,000 after purchasing an additional 561 shares during the period. Prospect Financial Services LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 3.5% in the 2nd quarter. Prospect Financial Services LLC now owns 18,581 shares of the company’s stock worth $328,000 after buying an additional 623 shares during the last quarter. Sunbelt Securities Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF by 4.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock worth $283,000 after buying an additional 703 shares in the last quarter. StoneX Group Inc. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% during the first quarter. StoneX Group Inc. now owns 21,204 shares of the company’s stock valued at $380,000 after acquiring an additional 835 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group lifted its position in shares of 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 valued at $52,000 after acquiring an additional 930 shares in the last quarter.

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.