YieldMax Ultra Option Income Strategy ETF Declares Dividend of $0.00 (NYSEARCA:ULTY)

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) declared a dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.0003 per share on Wednesday, December 31st. This represents a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

YieldMax Ultra Option Income Strategy ETF Trading Down 1.2%

Shares of NYSEARCA:ULTY opened at $38.30 on Tuesday. The firm has a 50 day simple moving average of $42.58 and a 200-day simple moving average of $53.11. YieldMax Ultra Option Income Strategy ETF has a twelve month low of $37.22 and a twelve month high of $93.10. The company has a market capitalization of $2.01 billion, a PE ratio of 40.09 and a beta of 1.74.

Hedge Funds Weigh In On YieldMax Ultra Option Income Strategy ETF

Several hedge funds have recently made changes to their positions in ULTY. OLD Mission Capital LLC increased its position in shares of YieldMax Ultra Option Income Strategy ETF by 341.7% during the first quarter. OLD Mission Capital LLC now owns 193,401 shares of the company’s stock worth $1,170,000 after purchasing an additional 149,619 shares in the last quarter. SG Americas Securities LLC purchased a new position in YieldMax Ultra Option Income Strategy ETF during the 3rd quarter worth approximately $656,000. Nations Financial Group Inc. IA ADV purchased a new position in YieldMax Ultra Option Income Strategy ETF during the 3rd quarter worth approximately $66,000. North Star Asset Management Inc. acquired a new position in YieldMax Ultra Option Income Strategy ETF during the third quarter worth approximately $136,000. Finally, One Capital Management LLC purchased a new stake in YieldMax Ultra Option Income Strategy ETF in the third quarter valued at approximately $1,108,000.

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.