Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Stock Price Down 0% – What’s Next?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shares fell 0% during trading on Wednesday . The company traded as low as $32.59 and last traded at $33.1650. Approximately 33 shares traded hands during trading, a decline of 98% from the average daily volume of 1,692 shares. The stock had previously closed at $33.17.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

The stock has a market cap of $35.09 million, a price-to-earnings ratio of 15.81 and a beta of 0.15. The company’s 50 day simple moving average is $34.09 and its two-hundred day simple moving average is $32.91.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.2428 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.97 annualized dividend and a dividend yield of 3.0%. This is an increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

About Xtrackers RREEF Global Natural Resources ETF

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.