Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Trading 0.5% Higher – Time to Buy?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report)’s share price rose 0.5% during mid-day trading on Tuesday . The company traded as high as $23.98 and last traded at $23.81. Approximately 5,571 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 20,818 shares. The stock had previously closed at $23.70.

Strategy Shares Gold-Hedged Bond ETF Stock Up 0.5%

The business’s 50 day moving average price is $24.08 and its 200-day moving average price is $24.52.

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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