ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) To Go Ex-Dividend on February 12th

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Friday, January 1st. Shareholders of record on Thursday, February 12th will be given a dividend of 0.5009 per share on Monday, February 23rd. The ex-dividend date is Thursday, February 12th. This is a 556.5% increase from ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN’s previous dividend of $0.08.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Up 0.1%

NYSEARCA MVRL traded up $0.01 during trading on Tuesday, reaching $15.24. 234 shares of the company’s stock were exchanged, compared to its average volume of 4,979. The company has a 50 day moving average price of $15.47 and a two-hundred day moving average price of $15.09. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1 year low of $11.78 and a 1 year high of $17.74.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Company Profile

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.