Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Trading Down 3.2% – Should You Sell?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) shares were down 3.2% on Thursday . The company traded as low as $22.40 and last traded at $22.93. Approximately 2,160 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 21,509 shares. The stock had previously closed at $23.69.

Strategy Shares Gold-Hedged Bond ETF Stock Down 3.2%

The firm has a 50 day moving average of $25.50.

Strategy Shares Gold-Hedged Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.0462 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Strategy Shares Gold-Hedged Bond ETF Company Profile

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.