GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Shares to Split on Wednesday, March 13th

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDLFree Report) shares are going to split on Wednesday, March 13th. The 7-1 split was announced on Wednesday, March 13th. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, March 13th.

GraniteShares 2x Long NVDA Daily ETF Price Performance

Shares of GraniteShares 2x Long NVDA Daily ETF stock opened at $238.59 on Friday. GraniteShares 2x Long NVDA Daily ETF has a 52-week low of $34.14 and a 52-week high of $295.23. The company’s fifty day moving average price is $149.54 and its two-hundred day moving average price is $111.54.

GraniteShares 2x Long NVDA Daily ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Thursday, December 28th were given a dividend of $10.1115 per share. The ex-dividend date was Wednesday, December 27th. This represents a $121.34 annualized dividend and a dividend yield of 50.86%.

Institutional Investors Weigh In On GraniteShares 2x Long NVDA Daily ETF

Several large investors have recently modified their holdings of the stock. Flow Traders U.S. LLC raised its stake in GraniteShares 2x Long NVDA Daily ETF by 117.0% during the second quarter. Flow Traders U.S. LLC now owns 86,522 shares of the company’s stock worth $7,290,000 after acquiring an additional 46,643 shares in the last quarter. Jane Street Group LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF during the fourth quarter worth about $469,000. Clarity Capital Partners LLC bought a new stake in GraniteShares 2x Long NVDA Daily ETF during the fourth quarter worth about $1,648,000. TRUE Private Wealth Advisors bought a new position in shares of GraniteShares 2x Long NVDA Daily ETF in the third quarter valued at approximately $926,000. Finally, Hoey Investments Inc. boosted its holdings in shares of GraniteShares 2x Long NVDA Daily ETF by 432.6% in the 3rd quarter. Hoey Investments Inc. now owns 13,182 shares of the company’s stock worth $1,118,000 after acquiring an additional 10,707 shares in the last quarter.

About GraniteShares 2x Long NVDA Daily ETF

(Get Free Report)

The GraniteShares 1.5x Long NVDA Daily ETF (NVDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVDL was launched on Dec 13, 2022 and is managed by GraniteShares.

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