YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Plans Dividend Increase – $0.13 Per Share

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) announced a dividend on Wednesday, January 7th. Stockholders of record on Thursday, January 8th will be paid a dividend of 0.128 per share on Friday, January 9th. This represents a dividend yield of 4,014.0%. The ex-dividend date is Thursday, January 8th. This is a 12.9% increase from YieldMax Gold Miners Option Income Strategy ETF’s previous dividend of $0.11.

YieldMax Gold Miners Option Income Strategy ETF Stock Performance

NYSEARCA GDXY traded down $0.12 on Wednesday, reaching $16.58. The company’s stock had a trading volume of 578,928 shares, compared to its average volume of 690,206. YieldMax Gold Miners Option Income Strategy ETF has a 52 week low of $14.18 and a 52 week high of $18.28. The business has a 50-day moving average price of $16.03 and a 200 day moving average price of $15.93.

Hedge Funds Weigh In On YieldMax Gold Miners Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. CoreCap Advisors LLC bought a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,693 shares of the company’s stock, valued at approximately $48,000.

About YieldMax Gold Miners Option Income Strategy ETF

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.