YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Stock Price Down 5.8% – What’s Next?

Shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXYGet Free Report) dropped 5.8% on Friday . The company traded as low as $14.64 and last traded at $14.67. Approximately 1,458,205 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 953,083 shares. The stock had previously closed at $15.58.

YieldMax Gold Miners Option Income Strategy ETF Stock Performance

The firm has a 50-day moving average price of $16.95 and a two-hundred day moving average price of $16.55.

YieldMax Gold Miners Option Income Strategy ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.1281 per share. This represents a yield of 5,012.0%. The ex-dividend date was Thursday, February 26th. This is a positive change from YieldMax Gold Miners Option Income Strategy ETF’s previous dividend of $0.13.

Hedge Funds Weigh In On YieldMax Gold Miners Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. CoreCap Advisors LLC bought a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXYFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,693 shares of the company’s stock, valued at approximately $48,000.

YieldMax Gold Miners Option Income Strategy ETF Company Profile

(Get Free Report)

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.

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