Sunbelt Securities Inc. Sells 27,676 Shares of YieldMax TSLA Option Income Strategy ETF $TSLY

Sunbelt Securities Inc. cut its position in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 12.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,097 shares of the company’s stock after selling 27,676 shares during the period. Sunbelt Securities Inc. owned about 0.13% of YieldMax TSLA Option Income Strategy ETF worth $1,811,000 at the end of the most recent reporting period.

Separately, Captrust Financial Advisors lifted its position in YieldMax TSLA Option Income Strategy ETF by 93.6% in the second quarter. Captrust Financial Advisors now owns 19,899 shares of the company’s stock worth $163,000 after purchasing an additional 9,619 shares during the period.

YieldMax TSLA Option Income Strategy ETF Trading Down 1.1%

TSLY opened at $31.74 on Thursday. The firm’s fifty day moving average price is $33.97 and its two-hundred day moving average price is $38.37. YieldMax TSLA Option Income Strategy ETF has a fifty-two week low of $30.84 and a fifty-two week high of $49.65.

YieldMax TSLA Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.3183 per share. This represents a dividend yield of 4,984.0%. The ex-dividend date was Thursday, February 26th.

YieldMax TSLA Option Income Strategy ETF Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.