Urban Wealth Management LLC Lowers Stock Holdings in Strategy Shares Gold Enhanced Yield ETF $GOLY

Urban Wealth Management LLC cut its position in Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) by 35.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,317 shares of the company’s stock after selling 34,839 shares during the quarter. Strategy Shares Gold Enhanced Yield ETF accounts for 1.9% of Urban Wealth Management LLC’s holdings, making the stock its 15th largest holding. Urban Wealth Management LLC owned approximately 5.02% of Strategy Shares Gold Enhanced Yield ETF worth $1,894,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Arkadios Wealth Advisors lifted its stake in Strategy Shares Gold Enhanced Yield ETF by 9.7% during the 4th quarter. Arkadios Wealth Advisors now owns 9,104 shares of the company’s stock worth $318,000 after acquiring an additional 807 shares in the last quarter. Worth Asset Management LLC grew its position in Strategy Shares Gold Enhanced Yield ETF by 7.1% in the 4th quarter. Worth Asset Management LLC now owns 26,549 shares of the company’s stock valued at $928,000 after acquiring an additional 1,755 shares in the last quarter. Birch Financial Group LLC grew its position in Strategy Shares Gold Enhanced Yield ETF by 22.5% in the 1st quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock valued at $354,000 after acquiring an additional 2,213 shares in the last quarter. Private Trust Co. NA purchased a new stake in Strategy Shares Gold Enhanced Yield ETF during the fourth quarter worth about $95,000. Finally, Kestra Private Wealth Services LLC increased its stake in Strategy Shares Gold Enhanced Yield ETF by 28.1% during the first quarter. Kestra Private Wealth Services LLC now owns 28,207 shares of the company’s stock worth $831,000 after purchasing an additional 6,187 shares during the period.

Strategy Shares Gold Enhanced Yield ETF Price Performance

Shares of GOLY opened at $25.10 on Friday. Strategy Shares Gold Enhanced Yield ETF has a 1 year low of $24.82 and a 1 year high of $41.72. The company’s 50-day simple moving average is $28.14 and its 200-day simple moving average is $32.80.

Strategy Shares Gold Enhanced Yield ETF Profile

The Strategy Shares Gold-Hedged Bond ETF (GOLY) 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. GOLY was launched on May 17, 2021 and is issued by Strategy Shares.