ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) to Distribute Monthly Dividend of $0.15 on November 20th

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) declared a monthly dividend on Saturday, October 31st. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.1494 per share on Friday, November 20th. This represents a $1.79 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Thursday, November 12th.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Performance

Shares of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock opened at $17.11 on Tuesday. The stock’s 50 day simple moving average is $16.27 and its 200-day simple moving average is $16.90. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1-year low of $14.23 and a 1-year high of $19.44.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.