YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Announces Dividend of $0.10

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) announced a dividend on Monday, December 30th. Investors of record on Friday, November 28th will be paid a dividend of 0.0956 per share on Monday, December 1st. This represents a dividend yield of 6,406.0%. The ex-dividend date of this dividend is Friday, November 28th.

YieldMax TSLA Option Income Strategy ETF Price Performance

Shares of YieldMax TSLA Option Income Strategy ETF stock traded up $0.10 on Wednesday, reaching $7.76. The company had a trading volume of 21,123,039 shares, compared to its average volume of 19,172,637. The firm’s 50 day moving average price is $8.41 and its two-hundred day moving average price is $8.30. YieldMax TSLA Option Income Strategy ETF has a 52-week low of $6.90 and a 52-week high of $18.22.

YieldMax TSLA Option Income Strategy ETF shares are scheduled to reverse split on the morning of Monday, December 1st. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 30th.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. Captrust Financial Advisors grew its holdings in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 93.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 19,899 shares of the company’s stock after acquiring an additional 9,619 shares during the quarter. Captrust Financial Advisors’ holdings in YieldMax TSLA Option Income Strategy ETF were worth $163,000 at the end of the most recent reporting period.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.