YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) to Issue $0.00 Dividend

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) announced a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.0003 per share on Wednesday, December 31st. This represents a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

YieldMax Ultra Option Income Strategy ETF Stock Performance

Shares of ULTY opened at $38.36 on Tuesday. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 40.09 and a beta of 1.74. The stock has a fifty day moving average price of $42.58 and a two-hundred day moving average price of $53.11. YieldMax Ultra Option Income Strategy ETF has a 52-week low of $37.22 and a 52-week high of $93.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ULTY. OLD Mission Capital LLC boosted its position in YieldMax Ultra Option Income Strategy ETF by 341.7% in the 1st quarter. OLD Mission Capital LLC now owns 193,401 shares of the company’s stock valued at $1,170,000 after buying an additional 149,619 shares during the last quarter. One Capital Management LLC acquired a new position in shares of YieldMax Ultra Option Income Strategy ETF during the third quarter valued at $1,108,000. North Star Asset Management Inc. acquired a new position in YieldMax Ultra Option Income Strategy ETF during the 3rd quarter valued at about $136,000. SG Americas Securities LLC bought a new position in YieldMax Ultra Option Income Strategy ETF in the third quarter valued at approximately $656,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in shares of YieldMax Ultra Option Income Strategy ETF in the 3rd quarter worth $66,000.

YieldMax Ultra Option Income Strategy ETF Company Profile

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.