Independent Advisor Alliance Purchases New Shares in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Independent Advisor Alliance purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 172,028 shares of the company’s stock, valued at approximately $3,134,000.

A number of other hedge funds also recently bought and sold shares of QYLD. Kestra Investment Management LLC bought a new position in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at $25,000. Parkside Financial Bank & Trust bought a new position in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at $25,000. Crewe Advisors LLC increased its position in Global X Nasdaq 100 Covered Call ETF by 601.6% during the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after acquiring an additional 1,468 shares during the last quarter. Copley Financial Group Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter worth about $35,000. Finally, Anfield Capital Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth about $55,000.

Global X Nasdaq 100 Covered Call ETF Trading Up 1.2 %

NASDAQ QYLD opened at $16.88 on Thursday. The company’s 50-day moving average price is $18.26 and its 200-day moving average price is $18.18. The stock has a market cap of $7.98 billion, a PE ratio of 33.29 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, February 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.