ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Announces Dividend of $0.10 (NYSEARCA:MVRL)

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Friday, January 1st. Stockholders of record on Friday, June 12th will be paid a dividend of 0.1037 per share on Tuesday, June 23rd. The ex-dividend date of this dividend is Friday, June 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

Shares of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN stock opened at $13.33 on Wednesday. The stock’s 50 day simple moving average is $14.00 and its 200-day simple moving average is $14.61. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1-year low of $12.66 and a 1-year high of $17.00.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

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.