ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Plans Dividend of $0.18 (NYSEARCA:CEFD)

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Thursday, May 9th, NASDAQ reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.1827 per share on Tuesday, May 21st. The ex-dividend date of this dividend is Friday, May 10th.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Up 0.5 %

Shares of CEFD traded up $0.09 during mid-day trading on Thursday, hitting $19.30. 5,233 shares of the company’s stock were exchanged, compared to its average volume of 2,685. The stock’s 50-day moving average is $19.19 and its 200-day moving average is $18.63. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a fifty-two week low of $15.48 and a fifty-two week high of $20.00.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Company Profile

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is an exchange-traded fund that is based on the SNET Composite Closed-End Fund index. The fund provides monthly 1.5x leveraged exposure to an index of three types of yield-focused CEFs: investment-grade fixed-income, high-yield fixed-income, and option-writing.