Welcome to our dedicated page for MicroSectors™ Gold Mns 3X Inv Lvrgd ETN news (Ticker: GDXD), a resource for investors and traders seeking the latest updates and insights on MicroSectors™ Gold Mns 3X Inv Lvrgd ETN stock.
The GDXD news page on Stock Titan focuses on MicroSectors Gold Miners -3x Inverse Leveraged ETN, an exchange-traded note issued by Bank of Montreal. According to the issuer, GDXD is a senior, unsecured obligation of Bank of Montreal that seeks to provide three-times leveraged short exposure to the daily performance of the S-Network MicroSectors Gold Miners Index, before fees and charges. Because of this leveraged inverse structure and daily reset, product-specific announcements and issuer disclosures can be especially important to track.
News for GDXD often centers on product terms and structural changes communicated by Bank of Montreal. An example is the issuer’s announcement of a 1-for-20 reverse split for the MicroSectors Gold Miners -3X Inverse Leveraged ETNs due June 29, 2040, which trade under the ticker GDXD. In that announcement, BMO described how the reverse split would affect trading denominations, the treatment of fractional positions through cash payments, and the adjustment of the closing Indicative Note Value.
Because GDXD is a leveraged, inverse ETN, updates from Bank of Montreal via press releases and SEC filings can cover topics such as changes to note terms, reverse splits, index-related information, and references to the ETN Prospectus that outlines risks and mechanics. These communications help clarify how events like corporate actions or index behavior may affect the ETN’s structure and trading characteristics.
Investors who follow GDXD may use this news feed to review issuer statements, product notices, and other regulatory communications tied to the ETN. By monitoring these updates, users can better understand how Bank of Montreal describes the intended daily trading use of the ETN, the potential risks associated with leveraged short exposure, and any changes that may influence how GDXD trades on NYSE Arca.
BMO (NYSE Arca: GDXD) will implement a 1-for-20 reverse split of its MicroSectors Gold Miners -3X Inverse ETNs effective at market open on October 22, 2025. The ETNs will retain the GDXD ticker but receive a new CUSIP 06367V709. Holders will get one post-split ETN for every 20 pre-split ETNs; fractional ETNs will be cashed out based on the closing Indicative Note Value on October 27, 2025 with payments expected on or about October 30, 2025. Aggregate principal is unchanged except for cash paid for partials.
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