Independent Wealth Network Inc. Takes $1.23 Million Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Independent Wealth Network Inc. acquired a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 67,446 shares of the company’s stock, valued at approximately $1,229,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. SG Americas Securities LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 14.3% in the 4th quarter. SG Americas Securities LLC now owns 29,300 shares of the company’s stock worth $534,000 after buying an additional 3,659 shares during the period. Koshinski Asset Management Inc. purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $237,000. Diversify Advisory Services LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 0.5% in the 4th quarter. Diversify Advisory Services LLC now owns 170,012 shares of the company’s stock worth $3,096,000 after buying an additional 781 shares during the period. Annex Advisory Services LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 111.2% in the 4th quarter. Annex Advisory Services LLC now owns 46,600 shares of the company’s stock valued at $849,000 after purchasing an additional 24,532 shares during the period. Finally, Mission Hills Financial Advisory LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 13.9% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 368,310 shares of the company’s stock valued at $6,711,000 after purchasing an additional 45,006 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5 %

QYLD opened at $18.55 on Thursday. The stock has a market cap of $8.65 billion, a PE ratio of 28.58 and a beta of 0.71. The business has a 50 day moving average of $18.34 and a 200-day moving average of $18.01. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $15.91 and a 52 week high of $18.81.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, January 21st will be given a dividend of $0.1877 per share. The ex-dividend date is Tuesday, January 21st.

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.