MinichMacGregor Wealth Management LLC Lowers Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

MinichMacGregor Wealth Management LLC cut its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 18.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,844 shares of the company’s stock after selling 4,156 shares during the quarter. MinichMacGregor Wealth Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of QYLD. Dagco Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF in the first quarter worth $25,000. Salem Investment Counselors Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 92.9% in the 2nd quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock worth $45,000 after purchasing an additional 1,300 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at approximately $49,000. Whittier Trust Co. of Nevada Inc. bought a new position in Global X Nasdaq 100 Covered Call ETF in the first quarter worth $50,000. Finally, Armstrong Advisory Group Inc. lifted its position in Global X Nasdaq 100 Covered Call ETF by 20.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 4,063 shares of the company’s stock valued at $68,000 after acquiring an additional 681 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.92 on Friday. The stock has a market capitalization of $8.41 billion, a PE ratio of 32.28 and a beta of 0.71. The company has a 50-day simple moving average of $16.79 and a two-hundred day simple moving average of $16.58. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $14.48 and a 52-week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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

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.