YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Trading Up 0.2% – Time to Buy?

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) was up 0.2% during trading on Thursday . The stock traded as high as $16.90 and last traded at $16.90. Approximately 582,396 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 848,377 shares. The stock had previously closed at $16.87.

YieldMax Gold Miners Option Income Strategy ETF Stock Performance

The firm has a 50 day moving average price of $16.83 and a 200-day moving average price of $16.40.

YieldMax Gold Miners Option Income Strategy ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 19th will be paid a $0.1281 dividend. This is a boost from YieldMax Gold Miners Option Income Strategy ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, February 19th. This represents a dividend yield of 5,963.0%.

Institutional Investors 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 acquired a new stake in YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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.