ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) to Issue Dividend of $0.21 on May 21st

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) announced a dividend on Friday, January 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of 0.2139 per share on Thursday, May 21st. The ex-dividend date is Wednesday, May 13th. This is a 22.7% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Price Performance

Shares of NYSEARCA:HDLB opened at $16.57 on Monday. The stock’s 50-day moving average price is $17.30 and its two-hundred day moving average price is $16.35. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12-month low of $14.33 and a 12-month high of $19.44.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.