Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Price Range of Shares
UGA’s shares have traded on the NYSE Arca under the symbol “UGA” since November 25, 2008. Prior to trading on the NYSE Arca, UGA’s shares traded on the American Stock Exchange (the “AMEX”) under the symbol “UGA” since its initial public offering on February 26, 2008.
As of December 31, 2021, UGA had approximately 20,166 holders of shares.
Dividends
UGA has not made and does not currently intend to make cash distributions to its shareholders.
Issuer Purchases of Equity Securities
UGA does not purchase shares directly from its shareholders. In connection with its redemption of baskets held by Authorized Participants, UGA redeemed 10 baskets (comprising 500,000 shares) and 59 baskets (comprising 2,950,000 shares) for the three and twelve months ended December 31, 2021, respectively. Monthly redemptions for the last three months are detailed below.
Total Number of
Average Price Per
Period
Shares Redeemed
Share
10/1/21 to 10/31/21
50,000
$
43.51
11/1/21 to 11/30/21
100,000
40.51
12/1/21 to 12/31/21
350,000
40.92
Total
500,000
Item 6. [Reserved].
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.