Annex Advisory Services LLC Makes New Investment in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Annex Advisory Services LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,005 shares of the company’s stock, valued at approximately $389,000.

A number of other hedge funds have also modified their holdings of the company. J.W. Cole Advisors Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 5.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 342,107 shares of the company’s stock worth $5,932,000 after acquiring an additional 17,821 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 5.7% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 13,719 shares of the company’s stock worth $238,000 after acquiring an additional 740 shares during the last quarter. Fisher Asset Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth $220,000. MCF Advisors LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter worth $49,000. Finally, Allworth Financial LP boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 379.9% during the fourth quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock worth $29,000 after acquiring an additional 1,303 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.6 %

Shares of NASDAQ:QYLD traded up $0.10 during midday trading on Friday, reaching $16.99. 5,338,176 shares of the company were exchanged, compared to its average volume of 4,328,417. The business’s fifty day moving average is $17.59 and its two-hundred day moving average is $17.68. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.04. The stock has a market cap of $7.96 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 29th. Investors of record on Monday, July 22nd were given a dividend of $0.177 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 12.50%.

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.