Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Up 1.1%

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY)’s stock price was up 1.1% during mid-day trading on Wednesday . The stock traded as high as $10.70 and last traded at $10.62. Approximately 36,307 shares traded hands during trading, a decline of 77% from the average daily volume of 158,015 shares. The stock had previously closed at $10.50.

Breakwave Dry Bulk Shipping ETF Price Performance

The firm’s 50 day moving average is $11.19 and its two-hundred day moving average is $12.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Breakwave Dry Bulk Shipping ETF stock. Janney Montgomery Scott LLC bought a new stake in Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,462 shares of the company’s stock, valued at approximately $408,000. Janney Montgomery Scott LLC owned approximately 0.77% of Breakwave Dry Bulk Shipping ETF as of its most recent SEC filing.

About Breakwave Dry Bulk Shipping ETF

The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is managed by Breakwave.