ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) to Issue Monthly Dividend of $3.24

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Friday, January 1st. Stockholders of record on Monday, December 22nd will be given a dividend of 3.2409 per share on Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 21.9%. The ex-dividend date is Monday, December 22nd. This is a 4.9% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $3.09.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of GLDI opened at $177.38 on Friday. The stock has a market capitalization of $124.17 million, a P/E ratio of 227.48 and a beta of 0.06. ETRACS Gold Shares Covered Call ETN has a 1 year low of $151.62 and a 1 year high of $177.87. The company’s fifty day moving average is $171.73 and its two-hundred day moving average is $165.79.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

Several hedge funds have recently modified their holdings of the business. CoreCap Advisors LLC acquired a new position in ETRACS Gold Shares Covered Call ETN during the third quarter worth $30,000. Claris Financial LLC purchased a new stake in shares of ETRACS Gold Shares Covered Call ETN during the 2nd quarter worth $642,000. Finally, Winnow Wealth LLC purchased a new stake in shares of ETRACS Gold Shares Covered Call ETN during the 3rd quarter worth $1,599,000. 36.97% of the stock is owned by institutional investors and hedge funds.

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.