
Meadowbrook Wealth Management LLC Invests $1.26 Million in Direxion Daily NVDA Bull 2X Shares $NVDU

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Meadowbrook Wealth Management LLC invested $1.26 million in Direxion Daily NVDA Bull 2X Shares, acquiring 9,577 shares. This investment represents 1.3% of Meadowbrook's portfolio. Other investors, including Bogart Wealth LLC and PNC Financial Services Group Inc., have also increased their stakes in NVDU. The ETF, launched in September 2023, offers 2x leveraged exposure to NVIDIA stock. Despite a Hold rating, analysts suggest other stocks may be better buys. NVDU's recent dividend increase to $4.4389 per share reflects a 15.8% yield.
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