ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ – Get Free Report) shares rose 1.3% during mid-day trading on Monday. The company traded as high as $14.57 and last traded at $14.57. 470 shares were traded during trading, a decline of 62% from the average daily volume of 1,245 shares. The stock had previously closed at $14.38.
ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Performance
The business’s 50-day simple moving average is $14.77 and its 200-day simple moving average is $15.13.
ETRACS MarketVector Business Development Companies Liquid Index ETN Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Tuesday, October 13th were paid a $0.40 dividend. The ex-dividend date was Tuesday, October 13th. This is a decrease from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.5323. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.0%.
About ETRACS MarketVector Business Development Companies Liquid Index ETN
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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