Tennessee Valley Asset Management Partners Lowers Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Tennessee Valley Asset Management Partners lowered its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,209 shares of the company’s stock after selling 2,684 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $386,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. First Heartland Consultants Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 3.7% during the third quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock worth $285,000 after purchasing an additional 567 shares in the last quarter. Sunbelt Securities Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock worth $283,000 after buying an additional 703 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the 4th quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock valued at $337,000 after buying an additional 723 shares during the period. Signature Estate & Investment Advisors LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 1.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 54,617 shares of the company’s stock worth $985,000 after acquiring an additional 731 shares during the period. Finally, Retirement Financial Solutions LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 1.8% in the third quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock worth $731,000 after acquiring an additional 732 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ QYLD opened at $18.54 on Monday. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.81. The firm has a market capitalization of $8.67 billion, a P/E ratio of 28.58 and a beta of 0.71. The company’s fifty day moving average is $18.35 and its two-hundred day moving average is $18.03.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, January 21st will be issued a dividend of $0.1877 per share. The ex-dividend date of this dividend is Tuesday, January 21st.

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.