Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Insider Robin Leopold Sells 2,500 Shares of Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, the insider owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robin Leopold also recently made the following trade(s):

• On Tuesday, August 11th, Robin Leopold sold 2,500 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00.

Inverse VIX Short Term Futures ETN Stock Performance

NYSEARCA:VYLD traded down $0.16 during mid-day trading on Thursday, hitting $30.66. 429 shares of the stock traded hands, compared to its average volume of 2,107. Inverse VIX Short Term Futures ETN has a 52 week low of $25.94 and a 52 week high of $31.04. The firm’s 50 day moving average is $30.19 and its two-hundred day moving average is $28.81.

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.