Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Stock Price Up 3% – Still a Buy?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report) shot up 3% during mid-day trading on Tuesday . The stock traded as high as $26.6650 and last traded at $26.4850. 6,957 shares traded hands during trading, The stock had previously closed at $25.71.

Strategy Shares Gold-Hedged Bond ETF Stock Performance

The company has a 50-day moving average of $24.01.

Strategy Shares Gold-Hedged Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.0462 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Strategy Shares Gold-Hedged Bond ETF Company Profile

(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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