YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Shares Up 1.6% – Time to Buy?

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY)’s stock price was up 1.6% during trading on Tuesday . The company traded as high as $16.36 and last traded at $16.19. Approximately 666,867 shares traded hands during mid-day trading, an increase of 108% from the average daily volume of 321,221 shares. The stock had previously closed at $15.94.

YieldMax Gold Miners Option Income Strategy ETF Trading Up 1.6%

The business has a fifty day simple moving average of $15.95 and a 200 day simple moving average of $15.90.

YieldMax Gold Miners Option Income Strategy ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1134 dividend. This represents a dividend yield of 6,069.0%. The ex-dividend date was Friday, December 26th.

Institutional Investors Weigh In On YieldMax Gold Miners Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax Gold Miners Option Income Strategy ETF stock. CoreCap Advisors LLC acquired a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,693 shares of the company’s stock, valued at approximately $48,000.

About YieldMax Gold Miners Option Income Strategy ETF

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.