iShares Gold Bullion ETF Hedged (CGBLF) Price & Chart
CGBLF ETF Chart & Stats
- Day’s Range
- $23.70 - $23.70
- 52-Week Range
- $21.80 - $30.98
- Previous Close
- $23.70
- Volume
- 0
- Average Volume (3M)
- 525
- AUM
- 2.05B
- NAV
- 30.26
- Expense Ratio
- 0.55%
- Holdings Count
- 0
- Beta
- -0.26
- Inception Date
- May 28, 2009
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 67,250,000
- Standard Deviation
- N/A
ETF Overview
iShares Gold Bullion ETF Hedged
The iShares Gold Bullion ETF Hedged (CGBLF) is a specialized investment fund designed for those seeking direct exposure to the gold market. Positioned within the Precious Metals category, this ETF focuses exclusively on gold, offering investors a unique opportunity to invest in the physical asset itself rather than derivative products. The fund's niche lies in its strategy of physically holding gold bullion, ensuring that each share represents tangible ownership of gold bars. This approach provides a layer of security and authenticity, attracting investors who prioritize physical asset-backed investments. Moreover, the ETF employs a hedging strategy, aimed at mitigating currency risk for non-U.S. investors, making it an appealing choice for those concerned about exchange rate fluctuations. By combining the stability of gold with strategic currency risk management, the iShares Gold Bullion ETF Hedged stands out as an insightful choice for investors seeking to diversify their portfolio with a focus on precious metals.