Jeremy Barnum Sells 3,022 Shares of Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CFO Jeremy Barnum sold 3,022 shares of Inverse VIX Short Term Futures ETN stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the transaction, the chief financial officer directly owned 32,438 shares of the company’s stock, valued at approximately $10,036,641.58. This trade represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jeremy Barnum also recently made the following trade(s):

• On Wednesday, April 15th, Jeremy Barnum sold 5,611 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.55, for a total value of $1,720,052.05.
• On Tuesday, February 17th, Jeremy Barnum sold 2,892 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $306.42, for a total value of $886,166.64.

Inverse VIX Short Term Futures ETN Trading Down 0.2%

Shares of VYLD stock traded down $0.05 during mid-day trading on Tuesday, hitting $28.04. The company’s stock had a trading volume of 272 shares, compared to its average volume of 2,820. The stock’s fifty day simple moving average is $27.40. Inverse VIX Short Term Futures ETN has a 52 week low of $23.37 and a 52 week 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.