ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Shares Down 0.5% – Should You Sell?

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZGet Free Report) fell 0.5% during mid-day trading on Monday . The company traded as low as $16.28 and last traded at $16.52. 2,741 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 2,849 shares. The stock had previously closed at $16.61.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Performance

The company’s 50-day moving average price is $16.60 and its two-hundred day moving average price is $17.54.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 10th were issued a dividend of $0.4458 per share. This represents a $1.78 dividend on an annualized basis and a yield of 10.9%. The ex-dividend date was Friday, October 10th. This is an increase from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.44.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

(Get Free Report)

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.

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