YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) Trading 1.6% Higher – What’s Next?

YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) shares were up 1.6% during trading on Monday . The stock traded as high as $21.34 and last traded at $21.29. Approximately 1,646,650 shares were traded during trading, a decline of 42% from the average daily volume of 2,838,664 shares. The stock had previously closed at $20.95.

YieldMax NVDA Option Income Strategy ETF Stock Performance

The firm’s fifty day moving average price is $22.10 and its 200-day moving average price is $23.78.

YieldMax NVDA Option Income Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Friday, January 3rd were issued a $0.8983 dividend. The ex-dividend date of this dividend was Friday, January 3rd.

Institutional Trading of YieldMax NVDA Option Income Strategy ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. lifted its position in YieldMax NVDA Option Income Strategy ETF by 42.5% in the 4th quarter. Sunbelt Securities Inc. now owns 253,374 shares of the company’s stock valued at $6,020,000 after acquiring an additional 75,630 shares in the last quarter. Westend Capital Management LLC increased its stake in YieldMax NVDA Option Income Strategy ETF by 131.6% in the 4th quarter. Westend Capital Management LLC now owns 32,584 shares of the company’s stock valued at $761,000 after buying an additional 18,512 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in YieldMax NVDA Option Income Strategy ETF in the 3rd quarter valued at about $417,000. Cary Street Partners Financial LLC purchased a new stake in YieldMax NVDA Option Income Strategy ETF in the 4th quarter valued at about $210,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter worth approximately $70,000.

YieldMax NVDA Option Income Strategy ETF Company Profile

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.