Palacios Wealth Management LLC Acquires Shares of 42,501 Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Palacios Wealth Management LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 42,501 shares of the company’s stock, valued at approximately $785,000. Global X Nasdaq 100 Covered Call ETF comprises 0.8% of Palacios Wealth Management LLC’s holdings, making the stock its 24th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QYLD. First Heartland Consultants Inc. grew its position 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 valued at $285,000 after acquiring an additional 567 shares during the period. Wealth Effects LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 0.9% in the 4th quarter. Wealth Effects LLC now owns 71,704 shares of the company’s stock worth $1,306,000 after buying an additional 625 shares during the period. Avior Wealth Management LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 4.1% in the 4th quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after buying an additional 723 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 1.4% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 54,617 shares of the company’s stock worth $985,000 after buying an additional 731 shares during the period. Finally, Retirement Financial Solutions LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 1.8% in the 3rd quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock worth $731,000 after buying an additional 732 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.3 %

QYLD opened at $18.75 on Friday. The company has a 50 day moving average of $18.45 and a 200 day moving average of $18.10. The company has a market cap of $8.86 billion, a PE ratio of 28.58 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 $18.81.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 21st were issued a $0.1877 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.