ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Declares $0.08 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Friday, January 1st. Investors of record on Tuesday, January 13th will be paid a dividend of 0.0763 per share on Thursday, January 22nd. The ex-dividend date of this dividend is Tuesday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Price Performance

NYSEARCA MVRL opened at $15.81 on Friday. The company has a fifty day simple moving average of $14.83 and a 200 day simple moving average of $14.93. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 12-month low of $11.78 and a 12-month 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.