ETRACS Gold Shares Covered Call ETN (GLDI) to Distribute Monthly Dividend of $1.59 on July 27th

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Thursday, July 2nd. Stockholders of record on Wednesday, July 22nd will be paid a dividend of 1.5878 per share on Monday, July 27th. This represents a c) annualized dividend and a dividend yield of 13.5%. The ex-dividend date of this dividend is Wednesday, July 22nd.

ETRACS Gold Shares Covered Call ETN Stock Performance

GLDI opened at $140.82 on Monday. The firm has a market cap of $140.82 million, a price-to-earnings ratio of 180.59 and a beta of 0.14. The firm’s 50-day simple moving average is $152.24 and its 200-day simple moving average is $166.27. ETRACS Gold Shares Covered Call ETN has a twelve month low of $138.40 and a twelve month high of $183.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC raised its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,079 shares of the company’s stock after purchasing an additional 1,353 shares during the quarter. Claris Financial LLC owned approximately 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 as of its most recent SEC filing. Institutional investors and hedge funds own 36.97% of the company’s stock.

About ETRACS Gold Shares Covered Call ETN

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.