Axiom Advisory LLC Increases Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Axiom Advisory LLC raised its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,017 shares of the company’s stock after acquiring an additional 1,965 shares during the quarter. Axiom Advisory LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $777,000 at the end of the most recent quarter.

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

Global X Nasdaq 100 Covered Call ETF Trading Up 0.6 %

NASDAQ:QYLD opened at $18.11 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.17. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The company has a 50-day moving average price of $17.67 and a 200-day moving average price of $17.68.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.181 per share. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, September 23rd. This represents a $2.17 dividend on an annualized basis and a dividend yield of 11.99%.

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.