ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Raises Dividend to $0.20 Per Share

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) announced a dividend on Friday, January 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.2038 per share on Wednesday, July 22nd. The ex-dividend date is Tuesday, July 14th. This is a 169.2% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.08.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Up 2.0%

NYSEARCA HDLB traded up $0.33 during midday trading on Friday, hitting $16.71. 1,392 shares of the company traded hands, compared to its average volume of 2,685. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 52 week low of $14.49 and a 52 week high of $19.44. The company’s 50-day simple moving average is $16.34 and its 200-day simple moving average is $16.67.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Company Profile

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.