Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Insider Sells $970,663.94 in Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLDGet Free Report) insider Lori Beer sold 3,166 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.59, for a total transaction of $970,663.94. Following the transaction, the insider owned 69,948 shares of the company’s stock, valued at approximately $21,445,357.32. This represents a 4.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Stock Up 0.0%

Shares of NYSEARCA VYLD opened at $27.91 on Friday. The firm’s 50 day moving average price is $27.43. Inverse VIX Short Term Futures ETN has a 52-week low of $22.24 and a 52-week 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.

Recommended Stories

Insider Buying and Selling by Quarter for Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD)

Receive News & Ratings for Inverse VIX Short Term Futures ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inverse VIX Short Term Futures ETN and related companies with MarketBeat.com's FREE daily email newsletter.