MassMutual Private Wealth & Trust FSB Invests $58,000 in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY)

MassMutual Private Wealth & Trust FSB acquired a new position in YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,500 shares of the company’s stock, valued at approximately $58,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDY. Sunbelt Securities Inc. bought a new position in shares of YieldMax NVDA Option Income Strategy ETF in the 2nd quarter worth $3,723,000. Westend Capital Management LLC lifted its stake in YieldMax NVDA Option Income Strategy ETF by 131.6% in the fourth quarter. Westend Capital Management LLC now owns 32,584 shares of the company’s stock valued at $761,000 after buying an additional 18,512 shares during the period. Arkadios Wealth Advisors bought a new position in YieldMax NVDA Option Income Strategy ETF during the third quarter worth about $417,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter worth about $70,000.

YieldMax NVDA Option Income Strategy ETF Trading Down 2.7 %

Shares of NYSEARCA:NVDY opened at $23.07 on Friday. The firm’s 50 day simple moving average is $23.85 and its 200 day simple moving average is $24.63. YieldMax NVDA Option Income Strategy ETF has a fifty-two week low of $20.54 and a fifty-two week high of $31.77.

YieldMax NVDA Option Income Strategy ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, January 3rd were issued a $0.8983 dividend. The ex-dividend date of this dividend was Friday, January 3rd.

YieldMax NVDA Option Income Strategy ETF Profile

The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys.