ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN (NYSEARCA:HDLB) Increases Dividend to $0.13 Per Share

ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN (NYSEARCA:HDLB) announced a dividend on Wednesday, October 9th, NASDAQ reports. Stockholders of record on Friday, October 11th will be paid a dividend of 0.1327 per share on Monday, October 21st. The ex-dividend date of this dividend is Friday, October 11th. This is a positive change from ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN’s previous dividend of $0.09.

ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN Price Performance

Shares of ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN stock traded up $0.23 during trading hours on Wednesday, hitting $14.61. The company’s stock had a trading volume of 377 shares, compared to its average volume of 2,039. The business has a fifty day moving average of $13.81 and a 200 day moving average of $12.54. ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN has a 1-year low of $8.99 and a 1-year high of $17.04.

About ETRACS Monthly Pay 2xLeveraged U.S. High Dividend Low Volatility ETN

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.