U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Trading Up 1.8% – Should You Buy?

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) traded up 1.8% on Thursday . The stock traded as high as $55.40 and last traded at $55.39. 20,558 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 50,149 shares. The stock had previously closed at $54.39.

U.S. Global GO GOLD and Precious Metal Miners ETF Trading Up 1.5%

The business has a fifty day moving average of $48.64 and a 200-day moving average of $41.68. The firm has a market cap of $249.05 million, a PE ratio of 22.28 and a beta of 0.64.

U.S. Global GO GOLD and Precious Metal Miners ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a $0.4002 dividend. This represents a dividend yield of 90.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Hedge Funds Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF

An institutional investor recently raised its position in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC boosted its position in U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,792 shares of the company’s stock after purchasing an additional 1,077 shares during the quarter. U.S. Global GO GOLD and Precious Metal Miners ETF comprises 0.8% of Principia Wealth Advisory LLC’s investment portfolio, making the stock its 16th biggest position. Principia Wealth Advisory LLC owned about 1.55% of U.S. Global GO GOLD and Precious Metal Miners ETF worth $2,928,000 at the end of the most recent reporting period.

U.S. Global GO GOLD and Precious Metal Miners ETF Company Profile

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers. GOAU was launched on Jun 27, 2017 and is managed by US Global.