WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Stock Price Up 18.1% – Here’s What Happened

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) rose 18.1% on Wednesday . The stock traded as high as $48.84 and last traded at $57.4950. Approximately 32,545 shares changed hands during trading, a decline of 15% from the average daily volume of 38,364 shares. The stock had previously closed at $48.70.

WisdomTree Efficient Gold Plus Equity Strategy Fund Trading Up 18.1%

The stock has a market cap of $296.10 million, a P/E ratio of 25.53 and a beta of 1.00. The company has a 50-day moving average price of $56.06 and a two-hundred day moving average price of $49.52.

WisdomTree Efficient Gold Plus Equity Strategy Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, October 30th. Shareholders of record on Tuesday, October 28th will be given a $2.52 dividend. This represents a yield of 875.0%. The ex-dividend date of this dividend is Tuesday, October 28th.

Hedge Funds Weigh In On WisdomTree Efficient Gold Plus Equity Strategy Fund

Several hedge funds have recently bought and sold shares of the business. Elm3 Financial Group LLC grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 2.2% in the 3rd quarter. Elm3 Financial Group LLC now owns 11,102 shares of the company’s stock valued at $637,000 after acquiring an additional 234 shares during the last quarter. Royal Bank of Canada grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.7% in the 1st quarter. Royal Bank of Canada now owns 16,674 shares of the company’s stock valued at $684,000 after acquiring an additional 277 shares during the last quarter. Osaic Holdings Inc. grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% in the 2nd quarter. Osaic Holdings Inc. now owns 3,157 shares of the company’s stock valued at $149,000 after acquiring an additional 1,022 shares during the last quarter. Stapp Wealth Management Pllc grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 0.8% in the 3rd quarter. Stapp Wealth Management Pllc now owns 138,449 shares of the company’s stock valued at $7,948,000 after acquiring an additional 1,071 shares during the last quarter. Finally, Avion Wealth bought a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 2nd quarter valued at $151,000.

About WisdomTree Efficient Gold Plus Equity Strategy Fund

The WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide leveraged exposure, in approximately equal proportion, to US-listed gold futures and US large-cap equities. GDE was launched on Mar 17, 2022 and is managed by WisdomTree.