ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (MVRL) to Issue Dividend of $0.12 on March 21st

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Monday, March 10th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.1222 per share on Friday, March 21st. The ex-dividend date is Thursday, March 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Performance

Shares of MVRL opened at $17.08 on Tuesday. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 12 month low of $14.84 and a 12 month high of $19.21. The stock has a fifty day moving average price of $16.66 and a 200 day moving average price of $17.07.

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.