Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Trading Down 0% – Here’s Why

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES)’s stock price was down 0% during mid-day trading on Monday . The stock traded as low as $32.72 and last traded at $32.8950. Approximately 25 shares were traded during mid-day trading, a decline of 98% from the average session volume of 1,468 shares. The stock had previously closed at $32.90.

Xtrackers RREEF Global Natural Resources ETF Price Performance

The business has a fifty day moving average price of $32.24 and a 200 day moving average price of $33.43. The company has a market capitalization of $34.34 million, a price-to-earnings ratio of 15.81 and a beta of 0.18.

Xtrackers RREEF Global Natural Resources ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were given a $0.2428 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.97 dividend on an annualized basis and a yield of 2.9%. This is a boost from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

Xtrackers RREEF Global Natural Resources ETF Company Profile

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.