Northstar Advisory Group LLC Sells 2,772 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Northstar Advisory Group LLC cut its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,519 shares of the company’s stock after selling 2,772 shares during the period. Northstar Advisory Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $410,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Global X Japan Co. Ltd. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 44.2% in the third quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock valued at $79,542,000 after buying an additional 1,350,843 shares in the last quarter. LPL Financial LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF by 6.4% in the 3rd quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after acquiring an additional 646,364 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $7,814,000. Raymond James & Associates lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 28.9% during the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock valued at $29,707,000 after acquiring an additional 369,343 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 75.8% during the 3rd quarter. Sound Income Strategies LLC now owns 855,083 shares of the company’s stock worth $15,426,000 after purchasing an additional 368,553 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD traded down $0.03 on Monday, hitting $18.18. 8,366,595 shares of the stock were exchanged, compared to its average volume of 8,346,791. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.81. The firm has a market capitalization of $8.44 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business has a 50-day moving average of $18.34 and a two-hundred day moving average of $17.98.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.3386 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18. The ex-dividend date 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.