Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Trading Down 3.2% – Should You Sell?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report)’s share price dropped 3.2% during mid-day trading on Thursday . The stock traded as low as $22.40 and last traded at $22.93. Approximately 2,160 shares changed hands during trading, a decline of 90% from the average daily volume of 21,509 shares. The stock had previously closed at $23.69.

Strategy Shares Gold-Hedged Bond ETF Stock Performance

The stock’s 50 day simple moving average is $25.50.

Strategy Shares Gold-Hedged Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a $0.0462 dividend. The ex-dividend date was Tuesday, December 23rd.

About Strategy Shares Gold-Hedged Bond ETF

(Get Free Report)

The Strategy Shares Gold-Hedged Bond ETF (GLDB) is an exchange-traded fund that is based on the Solactive Gold Backed Bond index. The fund tracks an index that provides broad exposure to USD-denominated investment grade corporate bonds while using near term gold futures to potentially hedge inflation risk. GLDB was launched on May 17, 2021 and is managed by Strategy Shares.

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