ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to Issue Dividend of $0.20 on February 23rd

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Friday, January 1st. Shareholders of record on Thursday, February 12th will be given a dividend of 0.2047 per share on Monday, February 23rd. The ex-dividend date of this dividend is Thursday, February 12th.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Up 1.3%

CEFD stock traded up $0.25 during midday trading on Tuesday, hitting $19.66. 457 shares of the stock traded hands, compared to its average volume of 1,544. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1-year low of $14.94 and a 1-year high of $20.52. The stock’s fifty day simple moving average is $19.30 and its 200-day simple moving average is $19.42.

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.