ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN to Issue Dividend of $0.09 (NYSEARCA:MVRL)

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.0863 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Price Performance

NYSEARCA:MVRL opened at $15.27 on Friday. The stock has a 50 day simple moving average of $16.46 and a 200 day simple moving average of $17.28. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1-year low of $15.25 and a 1-year high of $19.55.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Company Profile

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.