ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Declares Dividend Increase – $0.21 Per Share

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) declared a dividend on Friday, July 31st. Shareholders of record on Wednesday, August 12th will be given a dividend of 0.2083 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 12th. This is a 2.2% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.20.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Performance

Shares of HDLB opened at $17.87 on Monday. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a fifty-two week low of $14.49 and a fifty-two week high of $19.44. The company’s fifty day moving average is $16.75 and its two-hundred day moving average is $17.01.

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.