ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Plans Dividend of $0.22

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Friday, January 1st. Investors of record on Friday, March 13th will be paid a dividend of 0.2216 per share on Monday, March 23rd. The ex-dividend date is Friday, March 13th. This is a 8.3% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.20.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Performance

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN stock traded up $0.01 during trading on Wednesday, hitting $18.51. The company’s stock had a trading volume of 328 shares, compared to its average volume of 2,733. The stock’s fifty day moving average is $19.31 and its 200 day moving average is $19.39. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1-year low of $14.94 and a 1-year high of $20.50.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Company Profile

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is an exchange-traded fund that is based on the SNET Composite Closed-End Fund index. The fund provides monthly 1.5x leveraged exposure to an index of three types of yield-focused CEFs: investment-grade fixed-income, high-yield fixed-income, and option-writing. CEFs that trade at discount receive higher weights. CEFD was launched on Jun 2, 2020 and is issued by ETRACS.