Morey & Quinn Wealth Partners LLC Purchases Shares of 15,551 Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Morey & Quinn Wealth Partners LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,551 shares of the company’s stock, valued at approximately $283,000.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $72,550,000. LPL Financial LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 13.7% in the fourth quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock valued at $223,173,000 after purchasing an additional 1,474,869 shares in the last quarter. Global X Japan Co. Ltd. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% during the fourth quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock valued at $98,648,000 after buying an additional 1,005,072 shares during the period. Sims Investment Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $13,764,000. Finally, SBI Securities Co. Ltd. bought a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at $10,444,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD opened at $16.97 on Wednesday. The firm’s 50 day simple moving average is $18.01 and its 200 day simple moving average is $18.14. The company has a market capitalization of $8.02 billion, a P/E ratio of 30.84 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 $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be paid a dividend of $0.1703 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

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.