ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Plans Dividend of $0.21

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Wednesday, September 2nd. Stockholders of record on Monday, September 14th will be given a dividend of 0.2084 per share on Tuesday, September 22nd. The ex-dividend date is Monday, September 14th. This is a 2,404.8% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.008320000000000001.

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

Shares of ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN stock opened at $19.04 on Friday. The firm has a 50 day simple moving average of $19.05 and a 200 day simple moving average of $18.80. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a fifty-two week low of $15.47 and a fifty-two week high of $20.50.

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. CEFs that trade at discount receive higher weights. CEFD was launched on Jun 2, 2020 and is issued by ETRACS.