ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZ) Stock Price Up 0.6% – Still a Buy?

Shares of ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B (NYSEARCA:BDCZGet Free Report) rose 0.6% during trading on Wednesday . The stock traded as high as $20.42 and last traded at $20.42. Approximately 3,010 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 2,663 shares. The stock had previously closed at $20.29.

ETRACS Linked to the Wells Fargo Business Development Company Index ETN Series B Stock Up 0.6 %

The business’s fifty day moving average is $19.50 and its 200 day moving average is $19.06.

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

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

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

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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.

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