YieldMax Universe Fund of Option Income ETF Announces Dividend of $0.09 (NYSEARCA:YMAX)

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) declared a dividend on Tuesday, January 6th. Shareholders of record on Wednesday, January 7th will be given a dividend of 0.088 per share on Thursday, January 8th. This represents a yield of 4,456.0%. The ex-dividend date is Wednesday, January 7th.

YieldMax Universe Fund of Option Income ETF Stock Up 0.2%

Shares of YMAX traded up $0.02 during midday trading on Tuesday, reaching $10.27. 1,332,811 shares of the stock were exchanged, compared to its average volume of 1,950,385. The stock’s 50 day simple moving average is $10.77 and its 200 day simple moving average is $12.29. YieldMax Universe Fund of Option Income ETF has a twelve month low of $9.98 and a twelve month high of $17.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax Universe Fund of Option Income ETF stock. Virtue Capital Management LLC purchased a new position in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,930 shares of the company’s stock, valued at approximately $164,000.

About YieldMax Universe Fund of Option Income ETF

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.