ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Plans Dividend of $0.05

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) announced a dividend on Thursday, May 9th, NASDAQ reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.0481 per share on Tuesday, May 21st. The ex-dividend date is Friday, May 10th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Price Performance

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN stock traded down $0.19 during trading on Thursday, reaching $9.61. The company had a trading volume of 5,596 shares, compared to its average volume of 4,478. The stock’s 50 day moving average price is $9.99 and its two-hundred day moving average price is $9.76. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 12-month low of $7.86 and a 12-month high of $10.99.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.