Westend Capital Management LLC Buys 18,512 Shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY)

Posted by Ed Jones on Jan 18th, 2025

Westend Capital Management LLC raised its stake in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 131.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,584 shares of the company’s stock after buying an additional 18,512 shares during the quarter. Westend Capital Management LLC owned 0.19% of YieldMax NVDA Option Income Strategy ETF worth $761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new position in shares of YieldMax NVDA Option Income Strategy ETF in the 4th quarter valued at $70,000. Arkadios Wealth Advisors bought a new position in shares of YieldMax NVDA Option Income Strategy ETF during the 3rd quarter valued at about $417,000. Finally, Sunbelt Securities Inc. grew its position in shares of YieldMax NVDA Option Income Strategy ETF by 39.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 177,744 shares of the company’s stock valued at $4,259,000 after purchasing an additional 50,734 shares during the period.

YieldMax NVDA Option Income Strategy ETF Stock Performance

Shares of NVDY stock opened at $22.69 on Friday. YieldMax NVDA Option Income Strategy ETF has a 52 week low of $20.54 and a 52 week high of $31.77. The company’s 50 day moving average price is $24.10 and its two-hundred day moving average price is $24.83.

YieldMax NVDA Option Income Strategy ETF Cuts Dividend

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

YieldMax NVDA Option Income Strategy ETF Profile

(Free Report)

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.