Independent Wealth Network Inc. Has $1.73 Million Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Independent Wealth Network Inc. lifted its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 36.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,269 shares of the company’s stock after acquiring an additional 27,502 shares during the period. Independent Wealth Network Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,727,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the first quarter worth $177,000. OneDigital Investment Advisors LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at $167,000. Envestnet Portfolio Solutions Inc. raised its stake in Global X Nasdaq 100 Covered Call ETF by 8.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,968 shares of the company’s stock worth $2,111,000 after buying an additional 9,953 shares during the period. Oppenheimer & Co. Inc. raised its stake in Global X Nasdaq 100 Covered Call ETF by 22.2% during the 1st quarter. Oppenheimer & Co. Inc. now owns 79,786 shares of the company’s stock worth $1,327,000 after buying an additional 14,485 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 34,074.0% during the first quarter. Farther Finance Advisors LLC now owns 17,087 shares of the company’s stock worth $286,000 after acquiring an additional 17,037 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.4%

NASDAQ:QYLD opened at $16.92 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The stock has a 50-day moving average price of $16.79 and a two-hundred day moving average price of $16.58. The stock has a market cap of $8.41 billion, a price-to-earnings ratio of 32.28 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a dividend of $0.1704 per share. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date of this dividend is Monday, September 22nd. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.