172,028 Shares in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Acquired by Independent Advisor Alliance

Independent Advisor Alliance purchased a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 172,028 shares of the company’s stock, valued at approximately $3,134,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of QYLD. Cape Investment Advisory Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 16.6% during the 4th quarter. Cape Investment Advisory Inc. now owns 3,864 shares of the company’s stock worth $70,000 after purchasing an additional 551 shares during the period. First Heartland Consultants Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock worth $285,000 after purchasing an additional 567 shares during the period. Global Retirement Partners LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% during the 4th quarter. Global Retirement Partners LLC now owns 66,486 shares of the company’s stock worth $1,211,000 after purchasing an additional 587 shares during the period. Wealth Effects LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% during the 4th quarter. Wealth Effects LLC now owns 71,704 shares of the company’s stock worth $1,306,000 after purchasing an additional 625 shares during the period. Finally, Avior Wealth Management LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% during the 4th quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after purchasing an additional 723 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $16.88 on Thursday. The company’s fifty day moving average price is $18.26 and its 200 day moving average price is $18.18. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.89. The stock has a market capitalization of $7.98 billion, a P/E ratio of 33.29 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business 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.

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.