YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Stock Price Down 0.2% – Here’s What Happened

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYGet Free Report) shares traded down 0.2% on Tuesday . The company traded as low as $40.48 and last traded at $40.69. 916,630 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 3,728,145 shares. The stock had previously closed at $40.78.

YieldMax TSLA Option Income Strategy ETF Stock Performance

The company’s 50 day moving average price is $40.12 and its 200-day moving average price is $40.60.

YieldMax TSLA Option Income Strategy ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were paid a dividend of $0.969 per share. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 5,425.0%.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. Captrust Financial Advisors grew its holdings in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYFree Report) by 93.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,899 shares of the company’s stock after purchasing an additional 9,619 shares during the quarter. Captrust Financial Advisors’ holdings in YieldMax TSLA Option Income Strategy ETF were worth $163,000 at the end of the most recent reporting period.

YieldMax TSLA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.

Further Reading

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