Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Stock Price Up 2% – Here’s What Happened

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) shot up 2% during mid-day trading on Monday . The company traded as high as $48.57 and last traded at $47.67. 87,824 shares changed hands during trading, a decline of 41% from the average session volume of 147,880 shares. The stock had previously closed at $46.72.

Sprott Active Gold & Silver Miners ETF Stock Performance

The stock has a market cap of $197.83 million, a PE ratio of 21.39 and a beta of 4.80. The company’s 50-day moving average price is $50.82 and its 200 day moving average price is $42.77.

Sprott Active Gold & Silver Miners ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were paid a dividend of $0.6799 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a yield of 157.0%.

Hedge Funds Weigh In On Sprott Active Gold & Silver Miners ETF

Several large investors have recently modified their holdings of GBUG. Jane Street Group LLC purchased a new position in shares of Sprott Active Gold & Silver Miners ETF during the 1st quarter worth $2,096,000. Cetera Investment Advisers raised its holdings in Sprott Active Gold & Silver Miners ETF by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 13,766 shares of the company’s stock valued at $349,000 after buying an additional 416 shares during the period. Brookwood Investment Group LLC purchased a new stake in Sprott Active Gold & Silver Miners ETF in the 3rd quarter valued at about $2,446,000. Beaumont Financial Advisors LLC acquired a new position in Sprott Active Gold & Silver Miners ETF in the third quarter valued at about $863,000. Finally, Johnson Investment Counsel Inc. acquired a new position in Sprott Active Gold & Silver Miners ETF in the third quarter valued at about $250,000.

About Sprott Active Gold & Silver Miners ETF

The Sprott Active Gold & Silver Miners ETF (GBUG) is an exchange-traded fund that is based on the Barclays Gold 3 Month index. The fund tracks the Barclays Gold 3 Month Index Total Return by rolling specified gold futures contracts.