Winnow Wealth LLC Invests $1.60 Million in ETRACS Gold Shares Covered Call ETN $GLDI

Winnow Wealth LLC acquired a new position in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,459 shares of the company’s stock, valued at approximately $1,599,000. ETRACS Gold Shares Covered Call ETN comprises approximately 1.3% of Winnow Wealth LLC’s holdings, making the stock its 11th biggest position. Winnow Wealth LLC owned about 1.35% of ETRACS Gold Shares Covered Call ETN as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, CoreCap Advisors LLC acquired a new position in shares of ETRACS Gold Shares Covered Call ETN during the third quarter valued at about $30,000. 36.97% of the stock is currently owned by institutional investors and hedge funds.

ETRACS Gold Shares Covered Call ETN Stock Performance

NASDAQ GLDI opened at $176.17 on Friday. ETRACS Gold Shares Covered Call ETN has a twelve month low of $153.07 and a twelve month high of $182.99. The stock has a market cap of $123.32 million, a PE ratio of 225.92 and a beta of 0.06. The firm has a 50-day simple moving average of $175.89 and a 200 day simple moving average of $169.11.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 26th. Shareholders of record on Wednesday, January 21st were issued a dividend of $3.4671 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This is a positive change from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $3.24. This represents a c) dividend on an annualized basis and a yield of 23.6%. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is presently 205.19%.

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.