Winnow Wealth LLC Acquires Shares of 91,620 YieldMax Universe Fund of Option Income ETF $YMAX

Winnow Wealth LLC acquired a new position in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 91,620 shares of the company’s stock, valued at approximately $1,191,000. YieldMax Universe Fund of Option Income ETF makes up about 0.9% of Winnow Wealth LLC’s investment portfolio, making the stock its 21st biggest position.

Separately, Virtue Capital Management LLC acquired a new stake in shares of YieldMax Universe Fund of Option Income ETF in the second quarter valued at about $164,000.

YieldMax Universe Fund of Option Income ETF Price Performance

YieldMax Universe Fund of Option Income ETF stock opened at $9.34 on Friday. The stock’s 50 day moving average price is $10.25 and its 200 day moving average price is $11.82. YieldMax Universe Fund of Option Income ETF has a one year low of $9.31 and a one year high of $17.04.

YieldMax Universe Fund of Option Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 29th. Stockholders of record on Wednesday, January 28th were given a dividend of $0.088 per share. This represents a dividend yield of 4,449.0%. The ex-dividend date of this dividend was Wednesday, January 28th.

YieldMax Universe Fund of Option Income ETF Company 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. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.