Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Sells 6,427 Shares

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLDGet Free Report) CEO Marianne Lake sold 6,427 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $298.36, for a total transaction of $1,917,559.72. Following the completion of the sale, the chief executive officer directly owned 76,402 shares in the company, valued at approximately $22,795,300.72. The trade was a 7.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marianne Lake also recently made the following trade(s):

  • On Wednesday, April 15th, Marianne Lake sold 6,427 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.57, for a total transaction of $1,970,325.39.
  • On Tuesday, February 17th, Marianne Lake sold 3,907 shares of Inverse VIX Short Term Futures ETN stock. The shares were sold at an average price of $306.41, for a total transaction of $1,197,143.87.

Inverse VIX Short Term Futures ETN Stock Down 0.2%

NYSEARCA:VYLD traded down $0.06 on Friday, reaching $28.22. The stock had a trading volume of 1,552 shares, compared to its average volume of 2,680. Inverse VIX Short Term Futures ETN has a 1-year low of $23.87 and a 1-year high of $28.49. The stock’s fifty day simple moving average is $27.43.

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.

See Also

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.