Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Sells 6,427 Shares of Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Marianne Lake sold 6,427 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.57, for a total value of $1,970,325.39. Following the completion of the transaction, the chief executive officer owned 130,872 shares of the company’s stock, valued at $40,121,429.04. The trade was a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marianne Lake also recently made the following trade(s):

• On Tuesday, February 17th, Marianne Lake sold 3,907 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.41, for a total value of $1,197,143.87.
• On Friday, January 16th, Marianne Lake sold 3,908 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $312.78, for a total value of $1,222,344.24.

Inverse VIX Short Term Futures ETN Price Performance

VYLD stock traded down $0.01 during midday trading on Wednesday, hitting $27.88. The company’s stock had a trading volume of 456 shares, compared to its average volume of 3,292. The business has a 50 day moving average price of $27.43. Inverse VIX Short Term Futures ETN has a 12 month low of $22.19 and a 12 month 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.