ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Shares Down 0.5% – What’s Next?

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) shares fell 0.5% on Thursday . The stock traded as low as $177.73 and last traded at $178.50. 17,149 shares traded hands during trading, an increase of 44% from the average session volume of 11,881 shares. The stock had previously closed at $179.43.

ETRACS Gold Shares Covered Call ETN Price Performance

The stock’s 50-day moving average price is $175.75 and its 200 day moving average price is $169.01. The firm has a market cap of $124.95 million, a P/E ratio of 228.91 and a beta of 0.06.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 26th. Stockholders of record on Wednesday, January 21st were paid a dividend of $3.4671 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a dividend yield of 23.3%. This is a positive change from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $3.24. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is currently 205.19%.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

Several institutional investors and hedge funds have recently bought and sold shares of GLDI. Claris Financial LLC bought a new position in ETRACS Gold Shares Covered Call ETN in the second quarter valued at approximately $642,000. Winnow Wealth LLC acquired a new stake in shares of ETRACS Gold Shares Covered Call ETN in the 3rd quarter valued at approximately $1,599,000. Finally, CoreCap Advisors LLC bought a new position in shares of ETRACS Gold Shares Covered Call ETN in the third quarter valued at $30,000. Institutional investors own 36.97% of the company’s stock.

About ETRACS Gold Shares Covered Call ETN

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.