ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Declares Dividend Increase – $0.30 Per Share

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.3004 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th. This is an increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.23.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Trading Up 0.4 %

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN stock opened at $19.91 on Thursday. The stock has a fifty day moving average price of $20.15 and a 200 day moving average price of $20.06. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 52 week low of $18.10 and a 52 week high of $21.20.

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

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.