Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Sets New 12-Month High at $18.05

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $18.05 and last traded at $18.02, with a volume of 350871 shares traded. The stock had previously closed at $17.99.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.3 %

The firm has a 50-day moving average price of $17.57 and a 200 day moving average price of $17.67. The firm has a market capitalization of $8.45 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 26th. Stockholders of record on Monday, August 19th were paid a $0.179 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Monday, August 19th. This represents a $2.15 annualized dividend and a dividend yield of 11.90%.

Hedge Funds Weigh In On Global X Nasdaq 100 Covered Call ETF

Several institutional investors have recently modified their holdings of QYLD. Hexagon Capital Partners LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 963.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock worth $38,000 after acquiring an additional 1,927 shares in the last quarter. Mather Group LLC. purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter valued at approximately $39,000. American National Bank acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at approximately $41,000. DHJJ Financial Advisors Ltd. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after acquiring an additional 2,406 shares during the last quarter. Finally, MCF Advisors LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at $49,000.

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.