Insider Selling: Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) General Counsel Sells $1,042,985.60 in Stock

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) General Counsel Stacey Friedman sold 3,404 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $306.40, for a total value of $1,042,985.60. Following the completion of the transaction, the general counsel owned 61,949 shares in the company, valued at $18,981,173.60. This represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Stacey Friedman also recently made the following trade(s):

• On Friday, January 16th, Stacey Friedman sold 3,404 shares of Inverse VIX Short Term Futures ETN stock. The stock was sold at an average price of $312.80, for a total value of $1,064,771.20.

Inverse VIX Short Term Futures ETN Trading Down 0.6%

Shares of Inverse VIX Short Term Futures ETN stock opened at $27.91 on Friday. Inverse VIX Short Term Futures ETN has a 52 week low of $14.30 and a 52 week 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.