Envestnet Asset Management Inc. Decreases Stock Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Envestnet Asset Management Inc. cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 19.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 976,422 shares of the company’s stock after selling 238,052 shares during the period. Envestnet Asset Management Inc. owned approximately 0.21% of Global X Nasdaq 100 Covered Call ETF worth $16,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 15.2% in the 3rd quarter. Global X Japan Co. Ltd. now owns 13,275,162 shares of the company’s stock valued at $225,811,000 after buying an additional 1,752,324 shares during the period. Ameriprise Financial Inc. grew its position in Global X Nasdaq 100 Covered Call ETF by 22.1% in the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after acquiring an additional 571,203 shares during the period. Cetera Investment Advisers grew its position in Global X Nasdaq 100 Covered Call ETF by 7.9% in the second quarter. Cetera Investment Advisers now owns 1,486,807 shares of the company’s stock worth $24,859,000 after acquiring an additional 108,720 shares during the period. Brookstone Capital Management increased its stake in Global X Nasdaq 100 Covered Call ETF by 8.9% during the second quarter. Brookstone Capital Management now owns 1,423,652 shares of the company’s stock worth $23,803,000 after acquiring an additional 116,194 shares during the last quarter. Finally, Bensler LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 4,648.8% in the second quarter. Bensler LLC now owns 1,261,192 shares of the company’s stock valued at $21,087,000 after purchasing an additional 1,234,634 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2%

Shares of NASDAQ:QYLD opened at $17.55 on Monday. The business has a 50-day moving average price of $17.71 and a 200 day moving average price of $17.30. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a dividend of $0.1786 per share. This represents a c) annualized dividend and a yield of 12.2%. The ex-dividend date of this dividend was Tuesday, January 20th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.