Cutter & CO Brokerage Inc. Invests $243,000 in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Cutter & CO Brokerage Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the fourth quarter, HoldingsChannel reports. The fund bought 13,356 shares of the company’s stock, valued at approximately $243,000.

Other large investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 141.8% in the 4th quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock worth $70,000 after acquiring an additional 2,265 shares during the last quarter. SG Americas Securities LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 14.3% in the fourth quarter. SG Americas Securities LLC now owns 29,300 shares of the company’s stock worth $534,000 after purchasing an additional 3,659 shares during the last quarter. Creative Planning boosted its position in Global X Nasdaq 100 Covered Call ETF by 25.5% during the third quarter. Creative Planning now owns 36,446 shares of the company’s stock valued at $657,000 after buying an additional 7,406 shares during the period. Vontobel Holding Ltd. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at about $273,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 14.5% in the third quarter. JPMorgan Chase & Co. now owns 382,844 shares of the company’s stock worth $6,907,000 after buying an additional 48,618 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.3 %

NASDAQ QYLD opened at $18.11 on Thursday. The firm has a market cap of $8.70 billion, a PE ratio of 33.29 and a beta of 0.64. 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 $18.50 and a 200-day moving average of $18.21.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be given a $0.165 dividend. The ex-dividend date is 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.