ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) to Distribute Dividend of $0.20 on July 22nd

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) announced a dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.2038 per share on Wednesday, July 22nd. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 169.2% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.08.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Up 2.0%

NYSEARCA:HDLB traded up $0.33 during trading hours on Friday, reaching $16.71. 1,392 shares of the stock were exchanged, compared to its average volume of 2,685. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a twelve month low of $14.49 and a twelve month high of $19.44. The business has a 50-day moving average of $16.34 and a two-hundred day moving average of $16.67.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.