Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CEO Marianne Lake Sells 3,908 Shares

Vanguard S&P 500 Covered Call ETF (NYSEARCA:VYLD) CEO Marianne Lake sold 3,908 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $312.78, for a total value of $1,222,344.24. Following the completion of the transaction, the chief executive officer owned 121,035 shares of the company’s stock, valued at approximately $37,857,327.30. The trade was a 3.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vanguard S&P 500 Covered Call ETF Price Performance

Shares of VYLD stock opened at $28.36 on Friday.

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.