Crossmark Global Holdings Inc. Invests $177,000 in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Crossmark Global Holdings Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,619 shares of the company’s stock, valued at approximately $177,000.

A number of other hedge funds also recently made changes to their positions in the stock. OneDigital Investment Advisors LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $167,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 8.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,968 shares of the company’s stock valued at $2,111,000 after purchasing an additional 9,953 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 79,786 shares of the company’s stock valued at $1,327,000 after purchasing an additional 14,485 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 34,074.0% during the 1st quarter. Farther Finance Advisors LLC now owns 17,087 shares of the company’s stock valued at $286,000 after purchasing an additional 17,037 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $199,000.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.1%

Shares of NASDAQ QYLD opened at $16.79 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The firm has a market cap of $8.41 billion, a PE ratio of 32.28 and a beta of 0.71. The company’s fifty day simple moving average is $16.53 and its 200 day simple moving average is $17.12.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were given a dividend of $0.1657 per share. The ex-dividend date of this dividend was Monday, June 23rd. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $1.99 annualized dividend and a dividend yield of 11.84%.

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.