Meridian Wealth Management LLC Lowers Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Meridian Wealth Management LLC lowered its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 16.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,935 shares of the company’s stock after selling 3,029 shares during the period. Meridian Wealth Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $272,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at about $25,000. Kestra Investment Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at about $25,000. Crewe Advisors LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% in the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after purchasing an additional 1,468 shares during the last quarter. Copley Financial Group Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at about $35,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at about $55,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ QYLD opened at $17.73 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.89. The company has a 50-day simple moving average of $18.40 and a 200 day simple moving average of $18.21. The company has a market capitalization of $8.38 billion, a PE ratio of 33.29 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a dividend of $0.165 per share. The ex-dividend date 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.