ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZ) Shares Down 1.3% – Time to Sell?

ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZ) shares dropped 1.3% during trading on Wednesday . The stock traded as low as $19.59 and last traded at $19.59. Approximately 1,013 shares were traded during trading, a decline of 61% from the average daily volume of 2,573 shares. The stock had previously closed at $19.85.

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

The business’s fifty day moving average price is $19.28 and its two-hundred day moving average price is $18.99.

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

The business also recently announced a dividend, which was paid on Wednesday, January 22nd. Shareholders of record on Monday, January 13th were issued a dividend of $0.3226 per share. The ex-dividend date was Monday, January 13th.

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.