ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Plans Dividend of $0.14

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.1426 per share on Wednesday, November 20th. The ex-dividend date of this dividend is Tuesday, November 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Up 3.0 %

Shares of MVRL opened at $17.31 on Monday. The company has a 50-day simple moving average of $17.73 and a 200-day simple moving average of $17.46. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 52-week low of $15.30 and a 52-week high of $20.55.

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.