ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Plans $0.05 Dividend

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a dividend on Friday, February 7th,NASDAQ Dividends reports. Investors of record on Wednesday, February 12th will be paid a dividend of 0.0459 per share on Friday, February 21st. The ex-dividend date is Wednesday, February 12th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Stock Performance

Shares of PFFL traded down $0.07 during mid-day trading on Friday, reaching $9.19. 3,275 shares of the company’s stock were exchanged, compared to its average volume of 3,287. The business’s fifty day simple moving average is $9.37 and its 200-day simple moving average is $9.90. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 52-week low of $8.59 and a 52-week high of $11.65.

About ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.