ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue Dividend Increase – $1.85 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) declared a monthly dividend on Tuesday, August 4th. Shareholders of record on Thursday, August 20th will be paid a dividend of 1.8496 per share on Tuesday, August 25th. This represents a c) annualized dividend and a yield of 15.7%. The ex-dividend date is Thursday, August 20th. This is a 16.5% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.59.

ETRACS Gold Shares Covered Call ETN Price Performance

GLDI opened at $141.50 on Wednesday. The company has a 50 day simple moving average of $146.90 and a two-hundred day simple moving average of $163.35. The firm has a market cap of $141.50 million, a P/E ratio of 181.46 and a beta of 0.14. ETRACS Gold Shares Covered Call ETN has a 1-year low of $138.40 and a 1-year high of $183.61.

Institutional Investors Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC grew its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,079 shares of the company’s stock after acquiring an additional 1,353 shares during the period. Claris Financial LLC owned about 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 as of its most recent filing with the Securities & Exchange Commission. 36.97% of the stock is owned by institutional investors.

ETRACS Gold Shares Covered Call ETN Company Profile

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer. they also have concessions in john lewis stores nationwide and in david jones, australia.