Pinnacle Financial Partners Inc Sells 42,652 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Pinnacle Financial Partners Inc trimmed its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 18.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 188,122 shares of the company’s stock after selling 42,652 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $3,394,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 8.8% during the 2nd quarter. LPL Financial LLC now owns 10,127,547 shares of the company’s stock valued at $178,954,000 after purchasing an additional 815,034 shares during the last quarter. Global X Japan Co. Ltd. raised its position in Global X Nasdaq 100 Covered Call ETF by 44.2% in the 3rd quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock valued at $79,542,000 after buying an additional 1,350,843 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 9.7% during the 2nd 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 last quarter. Osaic Holdings Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 5.0% in the 1st quarter. Osaic Holdings Inc. now owns 1,939,585 shares of the company’s stock worth $34,741,000 after acquiring an additional 91,803 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 28.9% during the third quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock worth $29,707,000 after acquiring an additional 369,343 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.55 on Thursday. The company has a market capitalization of $8.37 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.56. The business has a fifty day moving average price of $18.06 and a two-hundred day moving average price of $17.77.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 28th. Investors of record on Monday, October 21st were issued a dividend of $0.183 per share. This represents a $2.20 dividend on an annualized basis and a yield of 11.84%. The ex-dividend date of this dividend was Monday, October 21st. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.