ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Distribute Dividend of $0.12 on August 20th

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Friday, July 31st. Stockholders of record on Wednesday, August 12th will be paid a dividend of 0.118 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

MVRL stock opened at $13.25 on Monday. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1-year low of $12.55 and a 1-year high of $17.00. The business has a 50-day moving average price of $13.36 and a 200 day moving average price of $14.08.

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.