Cetera Investment Advisers Purchases 937,265 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Cetera Investment Advisers increased its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 424.9% during the 1st quarter, Holdings Channel reports. The firm owned 1,157,828 shares of the company’s stock after acquiring an additional 937,265 shares during the period. Cetera Investment Advisers’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $20,737,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at about $66,617,000. Principal Securities Inc. bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $15,923,000. SageView Advisory Group LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 1,917.9% during the 4th quarter. SageView Advisory Group LLC now owns 590,564 shares of the company’s stock valued at $10,240,000 after buying an additional 561,298 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 35.5% during the fourth quarter. Centaurus Financial Inc. now owns 1,967,288 shares of the company’s stock valued at $34,113,000 after buying an additional 515,332 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 61.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,006,080 shares of the company’s stock worth $18,019,000 after buying an additional 382,608 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Down 2.0 %

QYLD traded down $0.34 during trading on Friday, hitting $16.91. 13,567,225 shares of the company traded hands, compared to its average volume of 4,179,592. The company has a market cap of $7.92 billion, a PE ratio of 28.58 and a beta of 0.71. The stock’s 50-day simple moving average is $17.68 and its two-hundred day simple moving average is $17.72. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $16.25 and a 1 year high of $18.04.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 29th. Stockholders 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 was Monday, July 22nd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 12.56%.

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.