ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) to Issue Dividend of $0.12

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN (NYSEARCA:MVRL) announced a dividend on Monday, March 10th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1222 per share on Friday, March 21st. The ex-dividend date of this dividend is Thursday, March 13th.

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN Stock Down 1.9 %

Shares of MVRL stock opened at $17.08 on Tuesday. The stock has a 50-day simple moving average of $16.66 and a 200 day simple moving average of $17.07. ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN has a fifty-two week low of $14.84 and a fifty-two week high of $19.21.

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.