ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) To Go Ex-Dividend on March 13th

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Friday, January 1st. Shareholders of record on Friday, March 13th will be paid a dividend of 0.2216 per share on Monday, March 23rd. The ex-dividend date is Friday, March 13th. This is a 8.3% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.20.

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

Shares of CEFD remained flat at $18.50 during trading hours on Wednesday. The stock had a trading volume of 331 shares, compared to its average volume of 2,733. The firm has a fifty day moving average of $19.31 and a 200 day moving average of $19.39. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a one year low of $14.94 and a one year 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.