Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB) Trading Up 3.6% – Should You Buy?

Strategy Shares Gold-Hedged Bond ETF (BATS:GLDBGet Free Report)’s share price traded up 3.6% during mid-day trading on Thursday . The company traded as high as $22.82 and last traded at $22.82. Approximately 49,678 shares traded hands during mid-day trading, an increase of 139% from the average session volume of 20,811 shares. The stock had previously closed at $22.03.

Strategy Shares Gold-Hedged Bond ETF Stock Performance

The company’s 50-day moving average is $20.15 and its 200 day moving average is $22.61.

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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