Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB – Get Free Report)’s share price dropped 2.7% on Wednesday . The stock traded as low as $20.94 and last traded at $20.94. Approximately 262,721 shares were traded during trading, an increase of 1,008% from the average daily volume of 23,718 shares. The stock had previously closed at $21.53.
Strategy Shares Gold-Hedged Bond ETF Trading Down 2.7%
The firm has a 50-day simple moving average of $23.66 and a two-hundred day simple moving average of $24.37.
About Strategy Shares Gold-Hedged Bond ETF
The Strategy Shares Gold-Hedged Bond ETF (GLDB) 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. GLDB was launched on May 17, 2021 and is managed by Strategy Shares.
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