Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Trading 0.5% Higher – Here’s Why

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shares rose 0.5% during mid-day trading on Thursday . The company traded as high as $30.96 and last traded at $31.1051. Approximately 11 shares traded hands during trading, a decline of 99% from the average daily volume of 1,568 shares. The stock had previously closed at $30.95.

Xtrackers RREEF Global Natural Resources ETF Price Performance

The firm has a fifty day moving average of $33.01 and a two-hundred day moving average of $33.14. The stock has a market capitalization of $32.35 million, a P/E ratio of 15.81 and a beta of 0.21.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 18th were issued a $0.2428 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.97 annualized dividend and a dividend yield of 3.1%. This is an increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.