Farther Finance Advisors LLC Boosts Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Farther Finance Advisors LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 34,074.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,087 shares of the company’s stock after buying an additional 17,037 shares during the quarter. Farther Finance Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $286,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth about $25,000. Kestra Investment Management LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $25,000. Optiver Holding B.V. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $25,000. Transce3nd LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $31,000. Finally, Biltmore Family Office LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 300.0% during the 4th quarter. Biltmore Family Office LLC now owns 2,000 shares of the company’s stock valued at $37,000 after acquiring an additional 1,500 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $16.64 on Wednesday. The stock has a market cap of $8.37 billion, a price-to-earnings ratio of 30.00 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The firm has a 50-day moving average of $16.34 and a two-hundred day moving average of $17.36.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 11.90%.

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.