Argent Advisors Inc. Sells 30,000 Shares of YieldMax MSTR Option Income Strategy ETF $MSTY

Argent Advisors Inc. lessened its position in YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) by 60.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,000 shares of the company’s stock after selling 30,000 shares during the quarter. Argent Advisors Inc.’s holdings in YieldMax MSTR Option Income Strategy ETF were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Jump Financial LLC purchased a new position in shares of YieldMax MSTR Option Income Strategy ETF during the second quarter worth approximately $9,424,000. Fiduciary Alliance LLC boosted its stake in shares of YieldMax MSTR Option Income Strategy ETF by 35.4% in the 3rd quarter. Fiduciary Alliance LLC now owns 102,622 shares of the company’s stock valued at $1,433,000 after purchasing an additional 26,855 shares in the last quarter. Maripau Wealth Management LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF during the 2nd quarter valued at $1,017,000. Arkadios Wealth Advisors purchased a new position in YieldMax MSTR Option Income Strategy ETF in the 3rd quarter worth $477,000. Finally, ORG Partners LLC lifted its stake in YieldMax MSTR Option Income Strategy ETF by 135.6% in the third quarter. ORG Partners LLC now owns 20,904 shares of the company’s stock worth $292,000 after purchasing an additional 12,032 shares during the last quarter.

YieldMax MSTR Option Income Strategy ETF Price Performance

NYSEARCA MSTY opened at $27.18 on Friday. YieldMax MSTR Option Income Strategy ETF has a 1-year low of $25.52 and a 1-year high of $140.37. The stock has a 50-day moving average of $32.03 and a 200-day moving average of $60.08.

YieldMax MSTR Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a dividend of $0.3741 per share. This represents a yield of 7,402.0%. The ex-dividend date was Thursday, January 29th.

YieldMax MSTR Option Income Strategy ETF Company Profile

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.