Winnow Wealth LLC Takes Position in YieldMax Universe Fund of Option Income ETF $YMAX

Winnow Wealth LLC acquired a new stake in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 91,620 shares of the company’s stock, valued at approximately $1,191,000. YieldMax Universe Fund of Option Income ETF accounts for about 0.9% of Winnow Wealth LLC’s holdings, making the stock its 21st largest holding. Winnow Wealth LLC owned 0.12% of YieldMax Universe Fund of Option Income ETF as of its most recent SEC filing.

Separately, Virtue Capital Management LLC acquired a new position in YieldMax Universe Fund of Option Income ETF in the 2nd quarter valued at $164,000.

YieldMax Universe Fund of Option Income ETF Price Performance

Shares of YieldMax Universe Fund of Option Income ETF stock opened at $9.34 on Friday. YieldMax Universe Fund of Option Income ETF has a fifty-two week low of $9.31 and a fifty-two week high of $17.04. The business’s fifty day moving average is $10.25 and its two-hundred day moving average is $11.82.

YieldMax Universe Fund of Option Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 29th. Shareholders of record on Wednesday, January 28th were paid a $0.088 dividend. This represents a yield of 4,449.0%. The ex-dividend date of this dividend was Wednesday, January 28th.

YieldMax Universe Fund of Option Income ETF Profile

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.