Truist Financial Corp Decreases Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Truist Financial Corp reduced its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,041 shares of the company’s stock after selling 14,673 shares during the period. Truist Financial Corp owned about 0.05% of Global X Nasdaq 100 Covered Call ETF worth $4,214,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QYLD. Allworth Financial LP increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 379.9% during the 4th quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock worth $29,000 after purchasing an additional 1,303 shares in the last quarter. Hollencrest Capital Management raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 28.8% in the third quarter. Hollencrest Capital Management now owns 2,890 shares of the company’s stock worth $48,000 after acquiring an additional 646 shares during the last quarter. Ulland Investment Advisors LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at $57,000. Financial Gravity Asset Management Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1,800.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 3,971 shares of the company’s stock valued at $67,000 after acquiring an additional 3,762 shares during the last quarter. Finally, Beacon Capital Management LLC increased its position in Global X Nasdaq 100 Covered Call ETF by 220.6% during the 4th quarter. Beacon Capital Management LLC now owns 4,146 shares of the company’s stock worth $70,000 after purchasing an additional 2,853 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2 %

NASDAQ:QYLD opened at $17.61 on Tuesday. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $16.25 and a 12-month high of $18.16. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The company’s 50-day moving average is $17.77 and its two-hundred day moving average is $17.47.

Global X Nasdaq 100 Covered Call ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd were paid a dividend of $0.1723 per share. This represents a $2.07 annualized dividend and a dividend yield of 11.74%. The ex-dividend date was Monday, April 22nd.

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.