YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sees Unusually-High Trading Volume – What’s Next?

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) shares saw an uptick in trading volume on Wednesday . 1,177,760 shares changed hands during trading, a decline of 26% from the previous session’s volume of 1,601,446 shares.The stock last traded at $15.41 and had previously closed at $15.36.

YieldMax TSLA Option Income Strategy ETF Trading Down 0.9 %

The business has a 50-day moving average price of $13.35 and a 200-day moving average price of $14.34.

YieldMax TSLA Option Income Strategy ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 29th will be paid a $1.2208 dividend. This is an increase from YieldMax TSLA Option Income Strategy ETF’s previous dividend of $0.68. The ex-dividend date is Friday, November 29th.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. Sunbelt Securities Inc. lifted its position in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 5,804.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 205,340 shares of the company’s stock after buying an additional 201,862 shares during the quarter. Sunbelt Securities Inc. owned about 0.45% of YieldMax TSLA Option Income Strategy ETF worth $2,930,000 as of its most recent filing with the SEC.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.