Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Insider Robin Leopold Sells 432 Shares of Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) insider Robin Leopold sold 432 shares of Inverse VIX Short Term Futures ETN stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $307.14, for a total value of $132,684.48. Following the sale, the insider directly owned 65,353 shares in the company, valued at approximately $20,072,520.42. The trade was a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Inverse VIX Short Term Futures ETN Price Performance

VYLD traded down $0.17 on Friday, reaching $27.91. The company’s stock had a trading volume of 67 shares, compared to its average volume of 2,835. 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.