Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Mary Erdoes Sells 6,648 Shares of Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Mary Erdoes sold 6,648 shares of Inverse VIX Short Term Futures ETN stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $298.36, for a total value of $1,983,497.28. Following the sale, the chief executive officer directly owned 632,399 shares in the company, valued at approximately $188,682,565.64. This trade represents a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Trading Down 0.2%

VYLD opened at $28.22 on Friday. The company’s 50 day simple moving average is $27.43. Inverse VIX Short Term Futures ETN has a twelve month low of $23.87 and a twelve month high of $28.49.

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.