Weaver Consulting Group Acquires 10,600 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Weaver Consulting Group grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 25.2% during the 4th quarter, HoldingsChannel reports. The fund owned 52,587 shares of the company’s stock after acquiring an additional 10,600 shares during the quarter. Weaver Consulting Group’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $958,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Creative Planning raised its position in Global X Nasdaq 100 Covered Call ETF by 25.5% in the 3rd quarter. Creative Planning now owns 36,446 shares of the company’s stock worth $657,000 after purchasing an additional 7,406 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 61,414.3% during the third quarter. BNP Paribas Financial Markets now owns 4,306 shares of the company’s stock valued at $78,000 after buying an additional 4,299 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 37.0% in the third quarter. Captrust Financial Advisors now owns 63,040 shares of the company’s stock worth $1,137,000 after buying an additional 17,034 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 466,376 shares of the company’s stock valued at $8,241,000 after acquiring an additional 14,132 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 45.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 23,221 shares of the company’s stock valued at $419,000 after acquiring an additional 7,208 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $18.35 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.81. The stock’s 50 day simple moving average is $18.33 and its 200 day simple moving average is $17.97. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.3386 dividend. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, December 30th.

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.