Robin Leopold Sells 2,500 Shares of Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the transaction, the insider directly owned 71,047 shares in the company, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robin Leopold also recently made the following trade(s):

• On Tuesday, August 11th, Robin Leopold sold 2,500 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00.

Inverse VIX Short Term Futures ETN Price Performance

NYSEARCA VYLD opened at $30.93 on Friday. Inverse VIX Short Term Futures ETN has a 12-month low of $25.94 and a 12-month high of $31.04. The firm has a 50-day moving average price of $30.24 and a two-hundred day moving average price of $28.85.

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.