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iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL) Shares Up 0.3% - Here's Why

iShares Gold Bullion ETF (CAD-Hedged) logo with background

iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL - Get Free Report) shares traded up 0.3% during mid-day trading on Thursday . The stock traded as high as C$25.94 and last traded at C$25.88. 73,480 shares traded hands during trading, a decline of 49% from the average session volume of 145,382 shares. The stock had previously closed at C$25.80.

iShares Gold Bullion ETF (CAD-Hedged) Stock Performance

The company has a 50 day moving average price of C$25.97 and a 200-day moving average price of C$24.19.

iShares Gold Bullion ETF (CAD-Hedged) Company Profile

(Get Free Report)

The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund's objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion prices.

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