Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Douglas Petno Sells 3,487 Shares

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Douglas Petno sold 3,487 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $306.40, for a total transaction of $1,068,416.80. Following the transaction, the chief executive officer directly owned 364,828 shares of the company’s stock, valued at $111,783,299.20. This represents a 0.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Inverse VIX Short Term Futures ETN Stock Up 0.7%

VYLD stock opened at $28.07 on Wednesday. Inverse VIX Short Term Futures ETN has a twelve month low of $14.30 and a twelve month 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.