RiverFront Investment Group LLC Increases Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

RiverFront Investment Group LLC boosted its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 106.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,115 shares of the company’s stock after acquiring an additional 24,263 shares during the quarter. RiverFront Investment Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $833,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 8.8% in the 2nd quarter. LPL Financial LLC now owns 10,127,547 shares of the company’s stock valued at $178,954,000 after purchasing an additional 815,034 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 9.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,743 shares of the company’s stock valued at $56,946,000 after acquiring an additional 283,654 shares during the period. Global X Japan Co. Ltd. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 80.1% during the second quarter. Global X Japan Co. Ltd. now owns 3,058,359 shares of the company’s stock worth $54,041,000 after acquiring an additional 1,360,501 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 5.0% in the 1st quarter. Osaic Holdings Inc. now owns 1,939,585 shares of the company’s stock valued at $34,741,000 after acquiring an additional 91,803 shares during the period. Finally, Cetera Investment Advisers raised its position in Global X Nasdaq 100 Covered Call ETF by 27.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,475,749 shares of the company’s stock valued at $26,076,000 after purchasing an additional 317,921 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $17.93 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.17. The company has a market capitalization of $8.40 billion, a P/E ratio of 28.58 and a beta of 0.71. The company’s fifty day moving average is $17.60 and its two-hundred day moving average is $17.68.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.181 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.17 annualized dividend and a yield of 12.11%.

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.