Lori Beer Sells 3,166 Shares of Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) insider Lori Beer sold 3,166 shares of Inverse VIX Short Term Futures ETN stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $306.59, for a total transaction of $970,663.94. Following the completion of the sale, the insider owned 69,948 shares in the company, valued at approximately $21,445,357.32. This represents a 4.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Stock Down 0.0%

Inverse VIX Short Term Futures ETN stock traded down $0.01 during midday trading on Wednesday, reaching $27.88. 456 shares of the stock traded hands, compared to its average volume of 3,292. Inverse VIX Short Term Futures ETN has a fifty-two week low of $22.19 and a fifty-two week high of $28.49. The stock has a fifty day moving average price of $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.