ETRACS Gold Shares Covered Call ETN (GLDI) to Issue Monthly Dividend of $1.99 on October 26th

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) declared a monthly dividend on Monday, October 5th. Investors of record on Wednesday, October 21st will be paid a dividend of $1.9854 per share on Monday, October 26th. This represents a $23.82 dividend on an annualized basis and a dividend yield of 16.9%. The ex-dividend date is Wednesday, October 21st. This is a 20.1% decrease from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $2.4852.

ETRACS Gold Shares Covered Call ETN Stock Up 0.9%

NASDAQ:GLDI opened at $141.10 on Wednesday. The firm’s fifty day simple moving average is $146.73 and its 200 day simple moving average is $153.15. The stock has a market cap of $141.10 million, a P/E ratio of 180.95 and a beta of 0.15. ETRACS Gold Shares Covered Call ETN has a twelve month low of $138.40 and a twelve month high of $183.61.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

An institutional investor recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC lifted its position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,079 shares of the company’s stock after purchasing an additional 1,353 shares during the quarter. Claris Financial LLC owned about 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Company Profile

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.