Spire Wealth Management Sells 6,687 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Spire Wealth Management reduced its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 57.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,938 shares of the company’s stock after selling 6,687 shares during the period. Spire Wealth Management’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $82,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Aptus Capital Advisors LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 49,621 shares of the company’s stock worth $905,000 after purchasing an additional 561 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 9.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,957 shares of the company’s stock valued at $128,000 after buying an additional 586 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 18.8% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,258 shares of the company’s stock worth $71,000 after acquiring an additional 675 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.2% during the 4th quarter. Lido Advisors LLC now owns 36,117 shares of the company’s stock worth $670,000 after acquiring an additional 779 shares in the last quarter. Finally, Beam Wealth Advisors Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 1.4% during the 4th quarter. Beam Wealth Advisors Inc. now owns 56,736 shares of the company’s stock valued at $1,034,000 after acquiring an additional 798 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD opened at $16.71 on Wednesday. The stock has a market capitalization of $8.41 billion, a PE ratio of 32.28 and a beta of 0.71. The company’s fifty day moving average is $16.44 and its 200 day moving average is $17.24. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were given a dividend of $0.1657 per share. The ex-dividend date was Monday, June 23rd. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $1.99 dividend on an annualized basis and a yield of 11.90%.

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.