Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Shares Up 3.5% – Here’s Why

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) shares traded up 3.5% on Wednesday . The company traded as high as $25.5099 and last traded at $25.1094. 7,076 shares were traded during mid-day trading, The stock had previously closed at $24.2548.

Strategy Shares Gold-Hedged Bond ETF Stock Performance

The company’s fifty day simple moving average is $25.39.

Strategy Shares Gold-Hedged Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid 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

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.