Insider Selling: Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) COO Sells 8,571 Shares of Stock

by · The Markets Daily

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD – Get Free Report) COO Jennifer Piepszak sold 8,571 shares of Vanguard S&P 500 Covered Call ETF stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $312.79, for a total value of $2,680,923.09. Following the sale, the chief operating officer directly owned 71,027 shares in the company, valued at $22,216,535.33. The trade was a 10.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Vanguard S&P 500 Covered Call ETF Trading Down 0.1%

NYSEARCA VYLD traded down $0.02 on Friday, reaching $28.36. The company’s stock had a trading volume of 505 shares.

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.

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