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

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

Breakwave Dry Bulk Shipping ETF Price Performance

The company has a 50 day moving average price of $11.19 and a 200-day moving average price of $12.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Breakwave Dry Bulk Shipping ETF stock. Sunbelt Securities Inc. purchased a new position in Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,635 shares of the company’s stock, valued at approximately $64,000.

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.