ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Declares $0.09 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) declared a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid a dividend of 0.0863 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Down 0.9 %

Shares of MVRL opened at $15.81 on Friday. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a fifty-two week low of $15.25 and a fifty-two week high of $19.59. The stock has a fifty day moving average of $16.48 and a two-hundred day moving average of $17.29.

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.