ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) Announces $0.10 Dividend

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Friday, January 1st. Shareholders of record on Friday, June 12th will be given a dividend of 0.1037 per share on Tuesday, June 23rd. The ex-dividend date of this dividend is Friday, June 12th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Trading Up 2.9%

MVRL stock opened at $13.33 on Wednesday. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a 12 month low of $12.66 and a 12 month high of $17.00. The firm has a 50-day moving average of $14.00 and a two-hundred day moving average of $14.61.

About ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index. The fund provides 1.5x leveraged exposure to a market-cap weighted index of mortgage REITs. Leverage is reset quarterly. MVRL was launched on Jun 2, 2020 and is issued by ETRACS.