ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (NYSEARCA:SMHD) Stock Passes Below Fifty Day Moving Average of $13.81

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ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN (NYSEARCA:SMHD) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.81 and traded as low as $13.48. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN shares last traded at $13.48, with a volume of 100 shares traded.

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Wednesday, June 12th will be given a dividend of $0.109 per share. This represents a $1.31 annualized dividend and a dividend yield of 9.70%. The ex-dividend date of this dividend is Tuesday, June 11th. This is a boost from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN’s previous monthly dividend of $0.10.

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