Raymond James & Associates Acquires 369,343 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Raymond James & Associates grew its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 28.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,646,710 shares of the company’s stock after buying an additional 369,343 shares during the quarter. Raymond James & Associates owned 0.37% of Global X Nasdaq 100 Covered Call ETF worth $29,707,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of QYLD. MCF Advisors LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter worth $49,000. Fisher Asset Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at about $217,000. US Bancorp DE purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 1st quarter worth approximately $573,000. Oppenheimer & Co. Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 5.9% in the first quarter. Oppenheimer & Co. Inc. now owns 51,561 shares of the company’s stock worth $923,000 after acquiring an additional 2,861 shares during the period. Finally, Fifth Third Securities Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 53.9% in the 1st quarter. Fifth Third Securities Inc. now owns 176,566 shares of the company’s stock worth $3,162,000 after purchasing an additional 61,805 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ QYLD opened at $18.02 on Thursday. 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 market capitalization of $8.09 billion, a P/E ratio of 28.58 and a beta of 0.71. The company’s 50-day moving average is $17.93 and its 200 day moving average is $17.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, October 21st will be issued a dividend of $0.183 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 of this dividend is Monday, October 21st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 12.19%.

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.