Westend Capital Management LLC Has $761,000 Stock Position in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY)

Westend Capital Management LLC boosted its position in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) by 131.6% in the 4th quarter, HoldingsChannel reports. The firm owned 32,584 shares of the company’s stock after acquiring an additional 18,512 shares during the period. Westend Capital Management LLC’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $761,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in YieldMax NVDA Option Income Strategy ETF during the second quarter worth $3,723,000. FNY Investment Advisers LLC bought a new stake in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter worth $70,000. Finally, Arkadios Wealth Advisors acquired a new stake in YieldMax NVDA Option Income Strategy ETF in the third quarter valued at about $417,000.

YieldMax NVDA Option Income Strategy ETF Stock Performance

NVDY opened at $22.69 on Friday. The company’s 50 day moving average is $24.10 and its 200-day moving average is $24.83. YieldMax NVDA Option Income Strategy ETF has a 1-year low of $20.54 and a 1-year high of $31.77.

YieldMax NVDA Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, January 3rd were issued a dividend of $0.8983 per share. The ex-dividend date of this dividend was Friday, January 3rd.

YieldMax NVDA Option Income Strategy ETF Company Profile

The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys.