Flow Traders U.S. LLC Invests $2.17 Million in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Flow Traders U.S. LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,146 shares of the company’s stock, valued at approximately $2,165,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Modera Wealth Management LLC acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 2nd quarter valued at about $556,000. AE Wealth Management LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares in the 2nd quarter worth approximately $533,000. Creative Planning purchased a new stake in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter worth approximately $377,000. Captrust Financial Advisors acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth approximately $374,000. Finally, SeaCrest Wealth Management LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 2nd quarter valued at approximately $206,000.

Direxion Daily NVDA Bull 2X Shares Trading Up 4.3 %

NVDU opened at $116.13 on Friday. The firm has a fifty day moving average price of $115.48 and a 200 day moving average price of $104.14. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $24.48 and a 1 year high of $146.87.

Direxion Daily NVDA Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were paid a dividend of $0.4973 per share. This is a positive change from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.48. This represents a $1.99 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend was Tuesday, September 24th.

About Direxion Daily NVDA Bull 2X Shares

The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.