ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZ) Trading Up 1% – What’s Next?

Shares of ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZ) traded up 1% during mid-day trading on Thursday . The company traded as high as $19.59 and last traded at $19.59. 2,132 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 2,607 shares. The stock had previously closed at $19.39.

ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B Stock Performance

The firm has a 50 day simple moving average of $19.03 and a two-hundred day simple moving average of $19.06.

ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 11th were paid a $0.4499 dividend. The ex-dividend date was Friday, October 11th. This is a boost from ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B’s previous dividend of $0.45.

About ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.