Brookstone Capital Management Purchases 36,070 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Brookstone Capital Management grew its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,223,939 shares of the company’s stock after buying an additional 36,070 shares during the quarter. Brookstone Capital Management owned 0.27% of Global X Nasdaq 100 Covered Call ETF worth $22,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of QYLD. Rockport Wealth LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% in the 2nd quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock worth $1,157,000 after purchasing an additional 561 shares in the last quarter. Prospect Financial Services LLC increased its stake in shares of 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 purchasing an additional 623 shares in the last quarter. Sunbelt Securities Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.6% in the 2nd quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock worth $283,000 after purchasing an additional 703 shares in the last quarter. StoneX Group Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the 1st quarter. StoneX Group Inc. now owns 21,204 shares of the company’s stock worth $380,000 after purchasing an additional 835 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 46.5% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 2,930 shares of the company’s stock worth $52,000 after purchasing an additional 930 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $18.11 on Wednesday. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.17. The business has a fifty 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 business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 23rd were paid a $0.181 dividend. This represents a $2.17 annualized dividend and a dividend yield of 11.99%. 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, September 23rd.

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.