Brookstone Capital Management Decreases Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Brookstone Capital Management decreased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,347,705 shares of the company’s stock after selling 75,947 shares during the quarter. Brookstone Capital Management owned approximately 0.28% of Global X Nasdaq 100 Covered Call ETF worth $22,924,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of QYLD. Ameriprise Financial Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 19.5% in the first quarter. Ameriprise Financial Inc. now owns 2,590,373 shares of the company’s stock valued at $43,076,000 after purchasing an additional 423,101 shares during the period. CreativeOne Wealth LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 11.0% in the first quarter. CreativeOne Wealth LLC now owns 124,504 shares of the company’s stock worth $2,071,000 after acquiring an additional 12,366 shares during the last quarter. Note Advisors LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 13.3% during the 1st quarter. Note Advisors LLC now owns 101,246 shares of the company’s stock valued at $1,684,000 after buying an additional 11,846 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at $215,000. Finally, OLD Mission Capital LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth about $3,355,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ:QYLD opened at $17.74 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $14.48 and a 52-week high of $18.89. The company has a market cap of $8.26 billion, a P/E ratio of 32.28 and a beta of 0.65. The stock’s 50-day moving average is $17.45 and its 200-day moving average is $17.03.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 22nd will be paid a $0.1779 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase 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 12.0%.

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.