ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Plans $0.09 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRLGet Free Report) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.0863 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Down 0.9 %

Shares of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN stock traded down $0.14 during trading on Wednesday, hitting $15.81. 4,396 shares of the company’s stock were exchanged, compared to its average volume of 6,119. The business has a 50-day simple moving average of $16.53 and a 200-day simple moving average of $17.32. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 52-week low of $15.25 and a 52-week high of $19.59.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

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The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index. The fund provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly. MVRL was launched on Jun 2, 2020 and is issued by ETRACS.

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Dividend History for ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL)

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