ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Announces $0.08 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Friday, January 1st. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.0763 per share on Thursday, January 22nd. The ex-dividend date of this dividend is Tuesday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

Shares of NYSEARCA MVRL opened at $15.81 on Friday. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 52-week low of $11.78 and a 52-week high of $17.74. The company’s 50 day moving average price is $14.83 and its 200-day moving average price is $14.93.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

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.