Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Marianne Lake Sells 6,427 Shares

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Marianne Lake sold 6,427 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $298.36, for a total value of $1,917,559.72. Following the transaction, the chief executive officer owned 76,402 shares in the company, valued at $22,795,300.72. This represents a 7.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marianne Lake also recently made the following trade(s):

• On Wednesday, April 15th, Marianne Lake sold 6,427 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.57, for a total value of $1,970,325.39.
• On Tuesday, February 17th, Marianne Lake sold 3,907 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.41, for a total value of $1,197,143.87.

Inverse VIX Short Term Futures ETN Trading Down 0.2%

NYSEARCA:VYLD opened at $28.22 on Friday. The stock’s 50 day moving average price is $27.43. Inverse VIX Short Term Futures ETN has a 52-week low of $23.87 and a 52-week high of $28.49.

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.