Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Sells $1,068,416.80 in Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) CEO Douglas Petno sold 3,487 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $306.40, for a total value of $1,068,416.80. Following the completion of the transaction, the chief executive officer owned 364,828 shares in the company, valued at approximately $111,783,299.20. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Inverse VIX Short Term Futures ETN Price Performance

Inverse VIX Short Term Futures ETN stock opened at $27.91 on Friday. Inverse VIX Short Term Futures ETN has a one year low of $14.30 and a one year high of $29.68.

Vanguard S&P 500 Covered Call ETF (NYSEARCA: VYLD) is an exchange-traded fund managed by Vanguard that combines broad exposure to large-cap U.S. equities with an options overlay designed to generate incremental income. The fund holds a portfolio intended to approximate the performance of the S&P 500 and implements a covered‑call (buy‑write) strategy, selling call options against the equity exposure to capture option premiums. This approach seeks to provide higher income than a plain‑vanilla S&P 500 index fund while maintaining substantial participation in the U.S.