Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Stock Price Down 2.1% – Should You Sell?

Shares of Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report) were down 2.1% during trading on Wednesday . The company traded as low as $19.18 and last traded at $19.45. Approximately 10,106 shares were traded during trading, a decline of 54% from the average session volume of 22,101 shares. The stock had previously closed at $19.86.

Strategy Shares Gold-Hedged Bond ETF Price Performance

The stock’s 50-day moving average price is $22.17 and its two-hundred day moving average price is $23.94.

Strategy Shares Gold-Hedged Bond ETF Company Profile

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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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