Jaffetilchin Investment Partners LLC increased its holdings in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI - Free Report) by 151.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,821 shares of the company's stock after purchasing an additional 2,300 shares during the period. Jaffetilchin Investment Partners LLC owned 0.55% of ETRACS Gold Shares Covered Call ETN worth $618,000 as of its most recent SEC filing.
Separately, OLD Mission Capital LLC grew its position in ETRACS Gold Shares Covered Call ETN by 105.8% in the 4th quarter. OLD Mission Capital LLC now owns 8,877 shares of the company's stock valued at $1,363,000 after acquiring an additional 4,563 shares during the last quarter. Institutional investors and hedge funds own 36.97% of the company's stock.
ETRACS Gold Shares Covered Call ETN Stock Performance
NASDAQ GLDI traded down $2.71 on Friday, reaching $157.42. 10,075 shares of the stock traded hands, compared to its average volume of 4,520. The company has a market cap of $110.19 million, a price-to-earnings ratio of 201.88 and a beta of 0.10. ETRACS Gold Shares Covered Call ETN has a 12 month low of $147.33 and a 12 month high of $166.79. The company has a fifty day moving average price of $161.60 and a 200-day moving average price of $159.26.
ETRACS Gold Shares Covered Call ETN Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, June 20th were given a dividend of $2.8878 per share. This is a positive change from ETRACS Gold Shares Covered Call ETN's previous monthly dividend of $2.87. This represents a $34.65 annualized dividend and a yield of 22.01%. The ex-dividend date was Friday, June 20th. ETRACS Gold Shares Covered Call ETN's dividend payout ratio is currently 205.19%.
About ETRACS Gold Shares Covered Call ETN
(
Free Report)
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.
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