ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) To Go Ex-Dividend on January 13th

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Friday, January 1st. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.0763 per share on Thursday, January 22nd. The ex-dividend date of this dividend is Tuesday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Up 1.8%

Shares of NYSEARCA MVRL opened at $15.81 on Friday. The business has a 50-day moving average of $14.83 and a two-hundred day moving average of $14.93. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1 year low of $11.78 and a 1 year high of $17.74.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Company Profile

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.