Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Sells 3,907 Shares of Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Marianne Lake sold 3,907 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $306.41, for a total transaction of $1,197,143.87. Following the sale, the chief executive officer directly owned 137,299 shares in the company, valued at $42,069,786.59. The trade was a 2.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Marianne Lake also recently made the following trade(s):

• On Friday, January 16th, Marianne Lake sold 3,908 shares of Inverse VIX Short Term Futures ETN stock. The shares were sold at an average price of $312.78, for a total transaction of $1,222,344.24.

Inverse VIX Short Term Futures ETN Price Performance

Inverse VIX Short Term Futures ETN stock traded up $0.19 during mid-day trading on Tuesday, hitting $28.07. The company had a trading volume of 15 shares, compared to its average volume of 3,010. Inverse VIX Short Term Futures ETN has a 12 month low of $14.30 and a 12 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.