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

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 $15.81 on Thursday. The business’s fifty day moving average price is $16.50 and its 200 day moving average price is $17.31. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 1-year low of $15.25 and a 1-year high of $19.59.

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.