Sovran Advisors LLC Acquires Shares of 46,054 Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Sovran Advisors LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 46,054 shares of the company’s stock, valued at approximately $837,000.

A number of other institutional investors also recently modified their holdings of the business. First Heartland Consultants Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% during the 3rd 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. Wealth Effects LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% in the fourth quarter. Wealth Effects LLC now owns 71,704 shares of the company’s stock valued at $1,306,000 after buying an additional 625 shares during the period. Avior Wealth Management LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 4.1% during the fourth quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after buying an additional 723 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 1.4% during the 3rd 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 holdings in Global X Nasdaq 100 Covered Call ETF by 1.8% in the 3rd quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock valued at $731,000 after acquiring an additional 732 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $18.68 on Wednesday. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.81. The stock has a fifty day moving average price of $18.44 and a 200-day moving average price of $18.08.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 21st were given a dividend of $0.1877 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.