Creative Planning Makes New $377,000 Investment in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Creative Planning purchased a new position in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,033 shares of the company’s stock, valued at approximately $377,000. Creative Planning owned about 0.06% of Direxion Daily NVDA Bull 2X Shares at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter valued at $111,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter valued at $206,000. AE Wealth Management LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter valued at $533,000. Modera Wealth Management LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter valued at $556,000. Finally, Virtu Financial LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the first quarter valued at $2,517,000.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NVDU opened at $136.69 on Friday. Direxion Daily NVDA Bull 2X Shares has a 1-year low of $24.48 and a 1-year high of $146.87. The company’s fifty day moving average price is $101.41 and its 200-day moving average price is $96.21.

Direxion Daily NVDA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.4973 per share. The ex-dividend date was Tuesday, September 24th. This is a positive change from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.48. This represents a $1.99 dividend on an annualized basis and a dividend yield of 1.46%.

Direxion Daily NVDA Bull 2X Shares Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.