ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Increases Dividend to $0.23 Per Share

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Monday, March 10th, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be given a dividend of 0.228 per share on Friday, March 21st. The ex-dividend date is Thursday, March 13th. This is a 5.8% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.22.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Price Performance

Shares of NYSEARCA:CEFD traded down $0.34 during trading on Monday, reaching $19.09. 2,894 shares of the stock were exchanged, compared to its average volume of 2,111. The stock has a fifty day moving average of $20.00 and a two-hundred day moving average of $20.18. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1-year low of $18.10 and a 1-year high of $21.20.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Company Profile

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is an exchange-traded fund that is based on the SNET Composite Closed-End Fund index. The fund provides monthly 1.5x leveraged exposure to an index of three types of yield-focused CEFs: investment-grade fixed-income, high-yield fixed-income, and option-writing.