Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Insider Sells $949,658.25 in Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) insider Lori Beer sold 3,165 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $300.05, for a total transaction of $949,658.25. Following the transaction, the insider owned 66,783 shares of the company’s stock, valued at $20,038,239.15. The trade was a 4.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Price Performance

Shares of VYLD opened at $28.22 on Monday. Inverse VIX Short Term Futures ETN has a 12 month low of $23.87 and a 12 month high of $28.49. The stock’s fifty day simple moving average is $27.43.

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.