ETRACS Gold Shares Covered Call ETN (GLDI) to Distribute Monthly Dividend of $1.85 on August 25th

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) declared a monthly dividend on Tuesday, August 4th. Shareholders of record on Thursday, August 20th will be given a dividend of 1.8496 per share on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a yield of 14.8%. The ex-dividend date is Thursday, August 20th. This is a 16.5% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.59.

ETRACS Gold Shares Covered Call ETN Trading Up 0.7%

GLDI opened at $149.90 on Tuesday. The firm’s 50 day simple moving average is $145.01 and its two-hundred day simple moving average is $161.37. The company has a market capitalization of $149.90 million, a PE ratio of 192.23 and a beta of 0.14. ETRACS Gold Shares Covered Call ETN has a 1-year low of $138.40 and a 1-year high of $183.61.

Institutional Investors Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently bought a new position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC bought a new position in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,726 shares of the company’s stock, valued at approximately $1,169,000. Claris Financial LLC owned approximately 0.96% of ETRACS Gold Shares Covered Call ETN as of its most recent filing with the Securities & Exchange Commission. 36.97% of the stock is owned by institutional investors.

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.