ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) to Issue Dividend of $0.21 on October 21st

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) announced a dividend on Thursday, October 1st. Shareholders of record on Tuesday, October 13th will be paid a dividend of $0.2099 per share on Wednesday, October 21st. The ex-dividend date is Tuesday, October 13th. This is a 315.6% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.0505.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Down 3.3%

NYSEARCA HDLB opened at $14.91 on Friday. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a one year low of $14.49 and a one year high of $19.44. The stock’s 50-day moving average is $16.98 and its 200-day moving average is $16.78.

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

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.