Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CEO Sells $1,222,344.24 in Stock

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CEO Marianne Lake sold 3,908 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $312.78, for a total transaction of $1,222,344.24. Following the transaction, the chief executive officer directly owned 121,035 shares of the company’s stock, valued at $37,857,327.30. The trade was a 3.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Vanguard S&P 500 Covered Call ETF Stock Performance

VYLD traded down $0.02 during midday trading on Friday, hitting $28.36. 505 shares of the company were exchanged.

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.