Truist Financial Corp Sells 1,556 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Truist Financial Corp lowered its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 0.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 240,327 shares of the company’s stock after selling 1,556 shares during the period. Truist Financial Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $4,018,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Crossmark Global Holdings Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF in the first quarter valued at about $177,000. OneDigital Investment Advisors LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the first quarter valued at approximately $167,000. Envestnet Portfolio Solutions Inc. grew 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. raised its holdings 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 worth $1,327,000 after buying an additional 14,485 shares in the last quarter. Finally, Accurate Wealth Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth approximately $172,000.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.4%

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $17.16 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The stock has a market capitalization of $8.19 billion, a P/E ratio of 32.28 and a beta of 0.71. The company has a 50-day simple moving average of $16.85 and a 200 day simple moving average of $16.59.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.1704 dividend. The ex-dividend date was Monday, September 22nd. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 11.9%.

About Global X Nasdaq 100 Covered Call ETF

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.