Marianne Lake Sells 3,907 Shares of Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Marianne Lake sold 3,907 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $306.41, for a total transaction of $1,197,143.87. Following the sale, the chief executive officer owned 137,299 shares of the company’s stock, valued at $42,069,786.59. This trade represents a 2.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Friday, January 16th, Marianne Lake sold 3,908 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $312.78, for a total transaction of $1,222,344.24.

Inverse VIX Short Term Futures ETN Trading Up 0.7%

Shares of Inverse VIX Short Term Futures ETN stock traded up $0.19 on Tuesday, hitting $28.07. 15 shares of the company’s stock were exchanged, compared to its average volume of 3,010. Inverse VIX Short Term Futures ETN has a 1 year low of $14.30 and a 1 year high of $29.68.

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.