ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Increases Dividend to $2.49 Per Share

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) announced a monthly dividend on Sunday, September 6th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 2.4852 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 19.9%. The ex-dividend date is Tuesday, September 22nd. This is a 34.4% increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.85.

ETRACS Gold Shares Covered Call ETN Price Performance

GLDI opened at $150.13 on Monday. ETRACS Gold Shares Covered Call ETN has a 12 month low of $138.40 and a 12 month high of $183.61. The business has a 50-day moving average of $145.42 and a two-hundred day moving average of $158.55. The stock has a market capitalization of $150.13 million, a price-to-earnings ratio of 192.53 and a beta of 0.15.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC boosted its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 8,079 shares of the company’s stock after buying an additional 1,353 shares during the period. Claris Financial LLC owned approximately 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 at the end of the most recent reporting period. 36.97% of the stock is owned by institutional investors.

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.