Stacey Friedman Sells 3,404 Shares of Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) Stock

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLDGet Free Report) General Counsel Stacey Friedman sold 3,404 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $312.80, for a total transaction of $1,064,771.20. Following the completion of the sale, the general counsel owned 65,353 shares in the company, valued at approximately $20,442,418.40. The trade was a 4.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Vanguard S&P 500 Covered Call ETF Stock Down 0.1%

Shares of Vanguard S&P 500 Covered Call ETF stock traded down $0.02 during trading on Friday, reaching $28.36. 505 shares of the stock traded hands.

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.

Further Reading

Insider Buying and Selling by Quarter for Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD)

Receive News & Ratings for Vanguard S&P 500 Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard S&P 500 Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.