Tucker Asset Management LLC Boosts Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Tucker Asset Management LLC increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 310.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,691 shares of the company’s stock after buying an additional 4,303 shares during the period. Tucker Asset Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $104,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QYLD. Raymond James Financial Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $72,550,000. LPL Financial LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock worth $223,173,000 after buying an additional 1,474,869 shares during the period. Global X Japan Co. Ltd. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% in the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock worth $98,648,000 after acquiring an additional 1,005,072 shares in the last quarter. Sims Investment Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at about $13,764,000. Finally, SBI Securities Co. Ltd. bought a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth about $10,444,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ QYLD opened at $16.62 on Friday. The company has a 50 day simple moving average of $17.90 and a two-hundred day simple moving average of $18.12. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.89. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 30.84 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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