ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Declares $0.18 Dividend

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Thursday, May 9th, NASDAQ reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.1827 per share on Tuesday, May 21st. The ex-dividend date of this dividend is Friday, May 10th.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Trading Up 0.5 %

CEFD stock traded up $0.09 during trading on Thursday, reaching $19.30. The company’s stock had a trading volume of 5,233 shares, compared to its average volume of 2,685. The company’s fifty day moving average is $19.19 and its 200-day moving average is $18.63. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1 year low of $15.48 and a 1 year high of $20.00.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Company Profile

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is an exchange-traded fund that is based on the SNET Composite Closed-End Fund index. The fund provides monthly 1.5x leveraged exposure to an index of three types of yield-focused CEFs: investment-grade fixed-income, high-yield fixed-income, and option-writing.