Brookstone Capital Management Lowers Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Brookstone Capital Management lessened its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,198,211 shares of the company’s stock after selling 25,728 shares during the quarter. Brookstone Capital Management owned 0.26% of Global X Nasdaq 100 Covered Call ETF worth $21,831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in QYLD. Daiwa Securities Group Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 137.1% in the 2nd quarter. Daiwa Securities Group Inc. now owns 17,780 shares of the company’s stock valued at $314,000 after purchasing an additional 10,280 shares in the last quarter. Fiduciary Group LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 6.4% during the 2nd quarter. Fiduciary Group LLC now owns 50,239 shares of the company’s stock valued at $888,000 after acquiring an additional 3,023 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 15.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 842,566 shares of the company’s stock valued at $14,888,000 after acquiring an additional 113,795 shares during the period. Collaborative Wealth Managment Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 7.6% during the 2nd quarter. Collaborative Wealth Managment Inc. now owns 115,957 shares of the company’s stock valued at $2,049,000 after acquiring an additional 8,144 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 2.2% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 111,582 shares of the company’s stock valued at $1,972,000 after acquiring an additional 2,391 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD stock traded down $0.15 during midday trading on Monday, reaching $18.06. 2,938,960 shares of the company traded hands, compared to its average volume of 7,456,573. The firm’s 50 day simple moving average is $18.34 and its two-hundred day simple moving average is $17.98. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.81. The firm has a market cap of $8.39 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 disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.3386 per share. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, December 30th.

Global X Nasdaq 100 Covered Call ETF Company 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.