Arkadios Wealth Advisors Makes New Investment in YieldMax Short COIN Option Income Strategy ETF $FIAT

Arkadios Wealth Advisors bought a new stake in YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,000 shares of the company’s stock, valued at approximately $57,000.

Separately, Moloney Securities Asset Management LLC acquired a new position in YieldMax Short COIN Option Income Strategy ETF during the second quarter valued at approximately $34,000.

YieldMax Short COIN Option Income Strategy ETF Price Performance

NYSEARCA FIAT opened at $29.34 on Friday. YieldMax Short COIN Option Income Strategy ETF has a 12 month low of $22.80 and a 12 month high of $97.70. The stock has a 50 day moving average of $26.60 and a 200-day moving average of $28.09.

YieldMax Short COIN Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a $0.27 dividend. This represents a yield of 5,889.0%. The ex-dividend date was Thursday, January 29th.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.