Marianne Lake Sells 3,908 Shares of Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) Stock

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CEO Marianne Lake sold 3,908 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $312.78, for a total transaction of $1,222,344.24. Following the transaction, the chief executive officer owned 121,035 shares of the company’s stock, valued at approximately $37,857,327.30. This represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Vanguard S&P 500 Covered Call ETF Trading Down 0.1%

Vanguard S&P 500 Covered Call ETF stock traded down $0.02 during mid-day trading on Friday, reaching $28.36. The company had a trading volume of 505 shares.

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.