UBS Group AG Cuts Stock Holdings in Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD)

UBS Group AG trimmed its position in shares of Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD – Get Rating) by 15.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,133,462 shares of the company’s stock after selling 400,997 shares during the period. UBS Group AG owned about 0.53% of Global X NASDAQ 100 Covered Call ETF worth $33,943,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hollencrest Capital Management bought a new position in shares of Global X NASDAQ 100 Covered Call ETF during the fourth quarter valued at approximately $33,000. Y.D. More Investments Ltd purchased a new stake in Global X NASDAQ 100 Covered Call ETF in the fourth quarter worth approximately $35,000. Spire Wealth Management boosted its holdings in Global X NASDAQ 100 Covered Call ETF by 2,039.8% in the third quarter. Spire Wealth Management now owns 2,311 shares of the company’s stock worth $36,000 after purchasing an additional 2,203 shares during the last quarter. Bank of Montreal Can boosted its holdings in Global X NASDAQ 100 Covered Call ETF by 130.9% in the first quarter. Bank of Montreal Can now owns 2,586 shares of the company’s stock worth $54,000 after purchasing an additional 1,466 shares during the last quarter. Finally, Toronto Dominion Bank bought a new position in Global X NASDAQ 100 Covered Call ETF in the third quarter worth approximately $49,000.

Global X NASDAQ 100 Covered Call ETF Trading Up 0.1 %

QYLD opened at $17.52 on Tuesday. Global X NASDAQ 100 Covered Call ETF has a 1-year low of $15.00 and a 1-year high of $18.95. The company has a market capitalization of $7.39 billion, a PE ratio of 21.43 and a beta of 0.71. The firm’s 50 day simple moving average is $17.26 and its two-hundred day simple moving average is $16.95.

Global X NASDAQ 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 2nd. Shareholders of record on Tuesday, April 25th were given a $0.173 dividend. The ex-dividend date was Monday, April 24th. This is an increase from Global X NASDAQ 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $2.08 annualized dividend and a yield of 11.85%.

Global X NASDAQ 100 Covered Call ETF Profile

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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.