ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Announces $0.14 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.1426 per share on Wednesday, November 20th. The ex-dividend date of this dividend is Tuesday, November 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Down 0.7 %

Shares of NYSEARCA:MVRL traded down $0.11 during midday trading on Thursday, hitting $16.81. The company had a trading volume of 5,716 shares, compared to its average volume of 9,755. The company has a fifty day moving average of $17.78 and a two-hundred day moving average of $17.45. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 12-month low of $15.30 and a 12-month high of $20.55.

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.