YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) Stock Price Up 1.6% – Time to Buy?

YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY)’s stock price rose 1.6% on Monday . The stock traded as high as $21.34 and last traded at $21.29. Approximately 1,646,650 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 2,838,664 shares. The stock had previously closed at $20.95.

YieldMax NVDA Option Income Strategy ETF Trading Up 1.6 %

The firm’s fifty day moving average is $22.24 and its 200-day moving average is $23.85.

YieldMax NVDA Option Income Strategy ETF Cuts Dividend

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

Hedge Funds Weigh In On YieldMax NVDA Option Income Strategy ETF

Large investors have recently made changes to their positions in the stock. Brown Brothers Harriman & Co. acquired a new position in shares of YieldMax NVDA Option Income Strategy ETF during the 4th quarter worth $47,000. MassMutual Private Wealth & Trust FSB purchased a new position in YieldMax NVDA Option Income Strategy ETF during the 4th quarter valued at about $58,000. FNY Investment Advisers LLC acquired a new position in YieldMax NVDA Option Income Strategy ETF during the fourth quarter worth about $70,000. Cary Street Partners Financial LLC purchased a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the fourth quarter valued at about $210,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of YieldMax NVDA Option Income Strategy ETF in the third quarter valued at approximately $417,000.

About YieldMax NVDA Option Income Strategy ETF

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.