Virtue Capital Management LLC Buys New Holdings in YieldMax Universe Fund of Option Income ETF $YMAX

Virtue Capital Management LLC purchased a new position in YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,930 shares of the company’s stock, valued at approximately $164,000.

Separately, OLD Mission Capital LLC purchased a new position in YieldMax Universe Fund of Option Income ETF during the first quarter valued at $5,032,000.

YieldMax Universe Fund of Option Income ETF Trading Up 1.2%

Shares of NYSEARCA YMAX opened at $10.69 on Friday. YieldMax Universe Fund of Option Income ETF has a 52-week low of $10.01 and a 52-week high of $18.82. The firm’s fifty day moving average is $11.95 and its two-hundred day moving average is $12.89.

YieldMax Universe Fund of Option Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, October 16th. Investors of record on Wednesday, October 15th were given a $0.1743 dividend. This is an increase from YieldMax Universe Fund of Option Income ETF’s previous dividend of $0.16. This represents a dividend yield of 7,193.0%. The ex-dividend date was Wednesday, October 15th.

YieldMax Universe Fund of Option Income ETF Profile

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy.