YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) Stock Price Down 0.2% – Time to Sell?

YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY)’s share price fell 0.2% during mid-day trading on Wednesday . The stock traded as low as $14.67 and last traded at $14.81. 3,733,769 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 4,202,918 shares. The stock had previously closed at $14.84.

YieldMax NVDA Option Income Strategy ETF Trading Down 0.2%

The company has a fifty day moving average price of $15.20 and a two-hundred day moving average price of $16.19.

YieldMax NVDA Option Income Strategy ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be paid a $0.1094 dividend. The ex-dividend date of this dividend is Friday, December 26th. This represents a yield of 4,059.0%.

Institutional Investors Weigh In On YieldMax NVDA Option Income Strategy ETF

Several large investors have recently made changes to their positions in NVDY. ST Germain D J Co. Inc. bought a new stake in YieldMax NVDA Option Income Strategy ETF in the 2nd quarter valued at $25,000. FNY Investment Advisers LLC acquired a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the 3rd quarter valued at about $40,000. Arkadios Wealth Advisors acquired a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the 3rd quarter valued at about $169,000. J.Safra Asset Management Corp bought a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the third quarter valued at about $264,000. Finally, Colonial Trust Advisors boosted its position in shares of YieldMax NVDA Option Income Strategy ETF by 559.8% during the third quarter. Colonial Trust Advisors now owns 21,450 shares of the company’s stock worth $360,000 after buying an additional 18,199 shares during the period.

YieldMax NVDA Option Income Strategy ETF Company Profile

The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NVDY was launched on May 10, 2023 and is managed by Tidal.