Founders Financial Alliance LLC Reduces Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Founders Financial Alliance LLC lowered its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,385 shares of the company’s stock after selling 930 shares during the period. Founders Financial Alliance LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $736,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Independent Advisor Alliance bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth $3,134,000. Daiwa Securities Group Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 3.2% in the 4th quarter. Daiwa Securities Group Inc. now owns 27,130 shares of the company’s stock worth $494,000 after purchasing an additional 850 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 1.9% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 118,520 shares of the company’s stock worth $2,159,000 after purchasing an additional 2,189 shares in the last quarter. Beam Wealth Advisors Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 1.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 56,736 shares of the company’s stock worth $1,034,000 after purchasing an additional 798 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth $72,550,000.

Global X Nasdaq 100 Covered Call ETF Trading Down 3.8 %

Shares of NASDAQ QYLD opened at $16.74 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.89. The firm has a market capitalization of $7.91 billion, a PE ratio of 33.29 and a beta of 0.71. The firm has a fifty day simple moving average of $18.32 and a two-hundred day simple moving average of $18.20.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a $0.165 dividend. The ex-dividend date was Monday, February 24th.

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.