ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) to Distribute Dividend of $0.21 on August 20th

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) declared a dividend on Friday, July 31st. Investors of record on Wednesday, August 12th will be given a dividend of 0.2083 per share on Thursday, August 20th. The ex-dividend date is Wednesday, August 12th. This is a 2.2% increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.20.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Price Performance

Shares of NYSEARCA HDLB opened at $17.87 on Monday. The business’s 50 day moving average is $16.75 and its two-hundred day moving average is $17.01. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1-year low of $14.49 and a 1-year high of $19.44.

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

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.