Private Advisor Group LLC Sells 372,724 Shares of Strategy Shares Gold Enhanced Yield ETF $GOLY

Private Advisor Group LLC trimmed its stake in shares of Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) by 85.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,773 shares of the company’s stock after selling 372,724 shares during the period. Private Advisor Group LLC owned approximately 4.98% of Strategy Shares Gold Enhanced Yield ETF worth $1,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Intrua Financial LLC raised its stake in Strategy Shares Gold Enhanced Yield ETF by 7.6% during the 1st quarter. Intrua Financial LLC now owns 8,585 shares of the company’s stock valued at $253,000 after buying an additional 609 shares during the last quarter. Wetzel Investment Advisors Inc. grew its holdings in shares of Strategy Shares Gold Enhanced Yield ETF by 55.2% in the first quarter. Wetzel Investment Advisors Inc. now owns 12,185 shares of the company’s stock worth $359,000 after acquiring an additional 4,335 shares during the period. Kestra Private Wealth Services LLC increased its position in Strategy Shares Gold Enhanced Yield ETF by 28.1% during the first quarter. Kestra Private Wealth Services LLC now owns 28,207 shares of the company’s stock valued at $831,000 after acquiring an additional 6,187 shares during the last quarter. Birch Financial Group LLC increased its position in Strategy Shares Gold Enhanced Yield ETF by 22.5% during the first quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock valued at $354,000 after acquiring an additional 2,213 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in Strategy Shares Gold Enhanced Yield ETF by 9.7% in the fourth quarter. Arkadios Wealth Advisors now owns 9,104 shares of the company’s stock valued at $318,000 after acquiring an additional 807 shares during the period.

Strategy Shares Gold Enhanced Yield ETF Stock Down 0.4%

GOLY stock traded down $0.11 during trading on Friday, reaching $25.49. The stock had a trading volume of 11,683 shares, compared to its average volume of 68,194. The stock’s 50 day moving average is $27.20 and its two-hundred day moving average is $32.09. Strategy Shares Gold Enhanced Yield ETF has a 52 week low of $24.82 and a 52 week high of $41.72.

Strategy Shares Gold Enhanced Yield ETF Company Profile

The Strategy Shares Gold-Hedged Bond ETF (GOLY) 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. GOLY was launched on May 17, 2021 and is issued by Strategy Shares.