Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Shares Down 2.7% – What’s Next?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report) were down 2.7% during mid-day trading on Wednesday . The company traded as low as $20.94 and last traded at $20.94. Approximately 262,721 shares traded hands during mid-day trading, an increase of 1,008% from the average session volume of 23,718 shares. The stock had previously closed at $21.53.

Strategy Shares Gold-Hedged Bond ETF Stock Performance

The company’s 50 day moving average price is $23.60 and its 200 day moving average price is $24.35.

About Strategy Shares Gold-Hedged Bond ETF

(Get Free Report)

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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