Cetera Advisor Networks LLC Has $15.67 Million Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Cetera Advisor Networks LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 12.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 874,892 shares of the company’s stock after buying an additional 99,868 shares during the quarter. Cetera Advisor Networks LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $15,669,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. SRS Capital Advisors Inc. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 14,671 shares of the company’s stock worth $254,000 after buying an additional 592 shares in the last quarter. Chase Investment Counsel Corp raised its stake in Global X Nasdaq 100 Covered Call ETF by 1.7% during the fourth quarter. Chase Investment Counsel Corp now owns 42,507 shares of the company’s stock worth $737,000 after acquiring an additional 701 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings 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 valued at $238,000 after acquiring an additional 740 shares during the period. StoneX Group Inc. boosted 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 valued at $380,000 after purchasing an additional 835 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.0% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 28,782 shares of the company’s stock worth $499,000 after purchasing an additional 848 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Down 2.0 %

QYLD stock traded down $0.34 during trading on Friday, hitting $16.91. 13,567,225 shares of the stock traded hands, compared to its average volume of 4,179,592. The stock has a market cap of $7.92 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 $16.25 and a one year high of $18.04. The company has a 50 day simple moving average of $17.68 and a 200 day simple moving average of $17.72.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 29th. Stockholders of record on Monday, July 22nd were paid a $0.177 dividend. 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 12.56%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.