YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (NASDAQ:QDTY) Trading 0.7% Higher After Dividend Announcement

YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (NASDAQ:QDTY) was up 0.7% on Thursday following a dividend announcement from the company. The company traded as high as $44.40 and last traded at $44.39. Approximately 4,567 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 10,625 shares. The stock had previously closed at $44.09.

The newly announced dividend which will be paid on Monday, July 7th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $0.1618 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This is a boost from YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF’s previous dividend of $0.12.

YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF Stock Up 0.7%

The stock’s fifty day moving average price is $42.19. The company has a market cap of $8.88 million and a PE ratio of 28.43.

Institutional Investors Weigh In On YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF

A hedge fund recently bought a new stake in YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF stock. OLD Mission Capital LLC bought a new stake in YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (NASDAQ:QDTY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,304 shares of the company’s stock, valued at approximately $714,000. OLD Mission Capital LLC owned 10.87% of YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF as of its most recent SEC filing.

About YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF

The YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through an actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the Nasdaq-100 Index.