ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) To Go Ex-Dividend on November 12th

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) announced a monthly dividend on Saturday, October 31st. Investors of record on Thursday, November 12th will be paid a dividend of $0.1494 per share on Friday, November 20th. This represents a $1.79 annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Thursday, November 12th.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Up 1.5%

Shares of HDLB stock opened at $17.11 on Tuesday. The firm’s fifty day simple moving average is $16.27 and its 200 day simple moving average is $16.90. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1 year low of $14.23 and a 1 year high of $19.44.

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.