Raymond James Financial Services Advisors Inc. Buys 283,654 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Raymond James Financial Services Advisors Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,222,743 shares of the company’s stock after purchasing an additional 283,654 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.69% of Global X Nasdaq 100 Covered Call ETF worth $56,946,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Hexagon Capital Partners LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after acquiring an additional 1,927 shares during the last quarter. Mather Group LLC. acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at approximately $39,000. DHJJ Financial Advisors Ltd. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 3,591.0% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after buying an additional 2,406 shares during the last quarter. MCF Advisors LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth approximately $49,000. Finally, First Community Trust NA boosted its position in Global X Nasdaq 100 Covered Call ETF by 475.8% during the 2nd quarter. First Community Trust NA now owns 3,691 shares of the company’s stock worth $65,000 after buying an additional 3,050 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.4 %

NASDAQ QYLD traded down $0.07 on Monday, hitting $17.85. The company’s stock had a trading volume of 5,401,694 shares, compared to its average volume of 4,370,489. The company’s 50-day moving average is $17.59 and its 200 day moving average is $17.68. The firm has a market cap of $8.36 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.04.

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 issued a dividend of $0.177 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.12 annualized dividend 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.