Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CFO Sells $904,901.47 in Stock

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CFO Jeremy Barnum sold 2,893 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $312.79, for a total value of $904,901.47. Following the completion of the transaction, the chief financial officer directly owned 26,696 shares of the company’s stock, valued at approximately $8,350,241.84. This represents a 9.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Vanguard S&P 500 Covered Call ETF Stock Down 0.1%

Shares of NYSEARCA VYLD traded down $0.02 during mid-day trading on Friday, reaching $28.36. The company’s stock had a trading volume of 505 shares.

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.