10,179 Shares in Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) Acquired by Silver Lake Advisory LLC

Silver Lake Advisory LLC acquired a new stake in shares of Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,179 shares of the company’s stock, valued at approximately $81,000. Silver Lake Advisory LLC owned 0.33% of Direxion Daily NVDA Bear 1X Shares at the end of the most recent quarter.

Separately, Weil Company Inc. purchased a new position in shares of Direxion Daily NVDA Bear 1X Shares during the second quarter worth $186,000.

Direxion Daily NVDA Bear 1X Shares Stock Up 2.1 %

NASDAQ:NVDD opened at $7.34 on Monday. The firm’s fifty day moving average is $8.00 and its two-hundred day moving average is $9.29. Direxion Daily NVDA Bear 1X Shares has a one year low of $6.98 and a one year high of $28.21.

Direxion Daily NVDA Bear 1X Shares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th will be paid a $0.0728 dividend. This is an increase from Direxion Daily NVDA Bear 1X Shares’s previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, September 24th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 3.97%.

Direxion Daily NVDA Bear 1X Shares Company Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.