Prevail Innovative Wealth Advisors LLC Purchases 68,122 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Prevail Innovative Wealth Advisors LLC raised its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 42.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 230,055 shares of the company’s stock after purchasing an additional 68,122 shares during the period. Global X Nasdaq 100 Covered Call ETF accounts for 1.2% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Prevail Innovative Wealth Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $4,192,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 9.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 6,957 shares of the company’s stock valued at $128,000 after acquiring an additional 586 shares during the last quarter. Tucker Asset Management LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 310.0% during the 4th quarter. Tucker Asset Management LLC now owns 5,691 shares of the company’s stock valued at $104,000 after purchasing an additional 4,303 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth $81,000. RiverFront Investment Group LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 29.3% during the fourth quarter. RiverFront Investment Group LLC now owns 97,427 shares of the company’s stock valued at $1,775,000 after buying an additional 22,064 shares during the period. Finally, Level Four Advisory Services LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 24.4% during the fourth quarter. Level Four Advisory Services LLC now owns 28,518 shares of the company’s stock valued at $520,000 after buying an additional 5,588 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Down 1.3 %

NASDAQ QYLD opened at $16.62 on Friday. The firm has a market cap of $7.85 billion, a PE ratio of 30.84 and a beta of 0.71. 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 50-day moving average of $17.90 and a 200-day moving average of $18.12.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be paid a dividend of $0.1703 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

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.