YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) shares reached a new 52-week low during mid-day trading on Friday. The stock traded as low as $11.27 and last traded at $11.3890, with a volume of 445,707 shares trading hands. The stock had previously closed at $11.67.
YieldMax NVDA Option Income Strategy ETF Price Performance
The stock has a 50 day moving average of $12.42 and a 200-day moving average of $13.17.
Institutional Trading of YieldMax NVDA Option Income Strategy ETF
A hedge fund recently raised its stake in YieldMax NVDA Option Income Strategy ETF stock. Versant Capital Management Inc raised its position in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 36.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,213 shares of the company’s stock after purchasing an additional 858 shares during the quarter. Versant Capital Management Inc’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $40,000 as of its most recent SEC filing.
About YieldMax NVDA Option Income Strategy ETF
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.
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