Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Insider Lori Beer Sells 3,165 Shares

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLDGet Free Report) insider Lori Beer sold 3,165 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $300.05, for a total transaction of $949,658.25. Following the completion of the sale, the insider directly owned 66,783 shares of the company’s stock, valued at $20,038,239.15. The trade was a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Stock Performance

Shares of VYLD traded down $0.06 during mid-day trading on Friday, hitting $28.22. The company’s stock had a trading volume of 1,552 shares, compared to its average volume of 2,680. The company has a 50-day moving average price of $27.43. Inverse VIX Short Term Futures ETN has a 52-week low of $23.87 and a 52-week high of $28.49.

Vanguard S&P 500 Covered Call ETF (NYSEARCA: VYLD) is an exchange-traded fund managed by Vanguard that combines broad exposure to large-cap U.S. equities with an options overlay designed to generate incremental income. The fund holds a portfolio intended to approximate the performance of the S&P 500 and implements a covered‑call (buy‑write) strategy, selling call options against the equity exposure to capture option premiums. This approach seeks to provide higher income than a plain‑vanilla S&P 500 index fund while maintaining substantial participation in the U.S.

Further Reading

Insider Buying and Selling by Quarter for Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD)

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