ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Announces Monthly Dividend of $3.47

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Tuesday, January 6th. Shareholders of record on Wednesday, January 21st will be paid a dividend of 3.4671 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 23.6%. The ex-dividend date is Wednesday, January 21st. This is a 7.0% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $3.24.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of NASDAQ:GLDI traded up $0.36 on Thursday, hitting $176.42. The stock had a trading volume of 3,230 shares, compared to its average volume of 7,666. The company has a market capitalization of $123.49 million, a price-to-earnings ratio of 226.24 and a beta of 0.06. The firm’s 50 day moving average price is $172.91 and its 200-day moving average price is $166.97. ETRACS Gold Shares Covered Call ETN has a twelve month low of $153.07 and a twelve month high of $177.87.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

Institutional investors and hedge funds have recently modified their holdings of the business. Winnow Wealth LLC acquired a new position in ETRACS Gold Shares Covered Call ETN during the third quarter valued at approximately $1,599,000. CoreCap Advisors LLC acquired a new stake in shares of ETRACS Gold Shares Covered Call ETN in the 3rd quarter valued at approximately $30,000. Finally, Claris Financial LLC bought a new position in shares of ETRACS Gold Shares Covered Call ETN in the second quarter valued at $642,000. 36.97% of the stock is currently 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.