AlphaCore Capital LLC Reduces Position in Global X Nasdaq 100 Covered Call ETF $QYLD

AlphaCore Capital LLC decreased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 41.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,074 shares of the company’s stock after selling 9,371 shares during the quarter. AlphaCore Capital LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of QYLD. Dagco Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth approximately $26,000. Rossby Financial LCC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth approximately $33,000. Salem Investment Counselors Inc. raised its stake in Global X Nasdaq 100 Covered Call ETF by 92.9% during the 2nd quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock valued at $45,000 after buying an additional 1,300 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at $49,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock opened at $17.38 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The company has a market cap of $8.09 billion, a P/E ratio of 32.28 and a beta of 0.65. The stock’s fifty day moving average price is $17.23 and its 200-day moving average price is $16.85.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 24th will be paid a dividend of $0.1728 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date is Monday, November 24th.

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.