Advisors Management Group Inc. ADV Has $631,000 Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Advisors Management Group Inc. ADV raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.1% in the 4th quarter, HoldingsChannel reports. The firm owned 34,615 shares of the company’s stock after buying an additional 1,358 shares during the period. Advisors Management Group Inc. ADV’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. San Luis Wealth Advisors LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 15.1% during the 4th quarter. San Luis Wealth Advisors LLC now owns 50,065 shares of the company’s stock worth $912,000 after buying an additional 6,563 shares during the last quarter. Tlwm raised its holdings in Global X Nasdaq 100 Covered Call ETF by 22.9% in the 4th quarter. Tlwm now owns 28,425 shares of the company’s stock valued at $518,000 after acquiring an additional 5,305 shares during the period. Signal Advisors Wealth LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 16.5% during the fourth quarter. Signal Advisors Wealth LLC now owns 225,026 shares of the company’s stock worth $4,176,000 after acquiring an additional 31,801 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 141.8% in the fourth quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock valued at $70,000 after purchasing an additional 2,265 shares during the last quarter. Finally, RMR Wealth Builders bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $188,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $18.51 on Thursday. The business has a fifty day simple moving average of $18.34 and a 200 day simple moving average of $17.99. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.81. The company has a market capitalization of $8.59 billion, a PE ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.3386 dividend. The ex-dividend date was Monday, December 30th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18.

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.