Melia Wealth LLC Increases Position in Roundhill Bitcoin Covered Call Strategy ETF $YBTC

Melia Wealth LLC raised its position in shares of Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) by 8,434.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 387,721 shares of the company’s stock after acquiring an additional 383,178 shares during the period. Roundhill Bitcoin Covered Call Strategy ETF makes up 7.6% of Melia Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Melia Wealth LLC owned approximately 7.96% of Roundhill Bitcoin Covered Call Strategy ETF worth $17,366,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Simplex Trading LLC acquired a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF during the 2nd quarter worth about $75,000. NewEdge Advisors LLC bought a new position in Roundhill Bitcoin Covered Call Strategy ETF in the 2nd quarter worth approximately $712,000. Finally, Jane Street Group LLC bought a new position in Roundhill Bitcoin Covered Call Strategy ETF in the 2nd quarter worth approximately $1,148,000.

Roundhill Bitcoin Covered Call Strategy ETF Price Performance

YBTC opened at $21.01 on Tuesday. The business has a 50 day moving average of $25.93 and a 200-day moving average of $34.67. Roundhill Bitcoin Covered Call Strategy ETF has a 1-year low of $19.54 and a 1-year high of $49.80.

Roundhill Bitcoin Covered Call Strategy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 25th were given a $0.2181 dividend. The ex-dividend date was Wednesday, February 25th. This represents a yield of 4,052.0%. This is a positive change from Roundhill Bitcoin Covered Call Strategy ETF’s previous dividend of $0.20.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.