ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Announces $0.09 Dividend

Posted by Casey Walker on Jan 8th, 2025

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL – Get Free Report) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.0863 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Down 0.9 %

Shares of ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN stock traded down $0.14 during trading hours on Wednesday, reaching $15.81. The stock had a trading volume of 4,396 shares, compared to its average volume of 6,119. The stock’s 50 day moving average is $16.53 and its 200 day moving average is $17.32. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a twelve month low of $15.25 and a twelve month high of $19.59.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

(Get Free Report)

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.