B. Riley Wealth Advisors Inc. Decreases Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

B. Riley Wealth Advisors Inc. cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,746 shares of the company’s stock after selling 4,525 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,696,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in QYLD. Raymond James & Associates grew its position in Global X Nasdaq 100 Covered Call ETF by 114.6% during the fourth quarter. Raymond James & Associates now owns 1,351,059 shares of the company’s stock valued at $23,427,000 after buying an additional 721,534 shares during the period. Bensler LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the fourth quarter. Bensler LLC now owns 25,763 shares of the company’s stock worth $447,000 after purchasing an additional 1,004 shares during the period. Colonial River Wealth Management LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 154.1% in the fourth quarter. Colonial River Wealth Management LLC now owns 77,939 shares of the company’s stock worth $1,351,000 after purchasing an additional 47,267 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 15.6% in the fourth quarter. DAVENPORT & Co LLC now owns 18,500 shares of the company’s stock worth $321,000 after purchasing an additional 2,500 shares during the period. Finally, ERTS Wealth Advisors LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.6% in the fourth quarter. ERTS Wealth Advisors LLC now owns 120,418 shares of the company’s stock worth $2,088,000 after purchasing an additional 5,305 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $17.63 on Thursday. The firm has a market cap of $8.26 billion, a P/E ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $16.25 and a 1-year high of $18.04. The company has a 50 day simple moving average of $17.70 and a two-hundred day simple moving average of $17.72.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 29th. Shareholders of record on Monday, July 22nd were given a $0.177 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $2.12 dividend on an annualized basis and a dividend yield of 12.05%. The ex-dividend date of this dividend was Monday, July 22nd.

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.