North Star Asset Management Inc. Buys New Holdings in YieldMax Ultra Option Income Strategy ETF $ULTY

North Star Asset Management Inc. purchased a new position in YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 24,882 shares of the company’s stock, valued at approximately $136,000.

Separately, Nations Financial Group Inc. IA ADV bought a new position in shares of YieldMax Ultra Option Income Strategy ETF during the third quarter worth $66,000.

YieldMax Ultra Option Income Strategy ETF Stock Performance

Shares of NYSEARCA ULTY opened at $35.64 on Thursday. The firm’s fifty day moving average is $36.76 and its two-hundred day moving average is $45.55. YieldMax Ultra Option Income Strategy ETF has a 52-week low of $33.64 and a 52-week high of $78.00. The company has a market cap of $1.19 billion, a P/E ratio of 40.09 and a beta of 1.74.

YieldMax Ultra Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 26th. Investors of record on Wednesday, February 25th will be paid a dividend of $0.4705 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a yield of 6,933.0%.

About YieldMax Ultra Option Income Strategy ETF

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.