Worth Asset Management LLC Buys New Shares in Strategy Shares – Strategy Shares Gold-Hedged Bond ETF $GOLY

Worth Asset Management LLC purchased a new position in Strategy Shares – Strategy Shares Gold-Hedged Bond ETF (NYSEARCA:GOLY) during the third quarter, HoldingsChannel reports. The institutional investor purchased 24,794 shares of the company’s stock, valued at approximately $819,000.

Strategy Shares – Strategy Shares Gold-Hedged Bond ETF Trading Up 1.6%

Shares of GOLY stock opened at $37.29 on Friday. Strategy Shares – Strategy Shares Gold-Hedged Bond ETF has a 1-year low of $23.76 and a 1-year high of $37.32. The firm’s 50-day simple moving average is $34.46 and its 200-day simple moving average is $32.02.

Strategy Shares – Strategy Shares Gold-Hedged Bond ETF Company Profile

The Strategy Shares Gold-Hedged Bond ETF (GOLY) 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. GOLY was launched on May 17, 2021 and is issued by Strategy Shares.