ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Plans Dividend of $1.17

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) declared a dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 1.1716 per share on Wednesday, July 22nd. The ex-dividend date is Tuesday, July 14th. This is a 13.6% increase from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.03.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Up 3.4%

Shares of BDCX stock traded up $0.68 during trading on Friday, hitting $20.60. 2,302 shares of the stock traded hands, compared to its average volume of 3,312. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52-week low of $17.90 and a 52-week high of $30.67. The firm’s fifty day moving average price is $20.18 and its 200-day moving average price is $21.36.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Company Profile

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.