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

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Friday, January 1st. Shareholders of record on Friday, March 13th will be given a dividend of 0.0883 per share on Monday, March 23rd. The ex-dividend date of this dividend is Friday, March 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

Shares of NYSEARCA:MVRL traded down $0.23 on Wednesday, hitting $14.14. 1,061 shares of the company were exchanged, compared to its average volume of 5,801. The company’s 50 day moving average price is $15.38 and its two-hundred day moving average price is $15.06. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a one year low of $11.78 and a one year high of $17.23.

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.