ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Raises Dividend to $0.30 Per Share

Posted by Amber O'Connor on Jan 8th, 2025

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD – Get Free Report) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.3004 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 13th. This is a positive change from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.23.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Trading Up 0.4 %

CEFD stock traded up $0.08 during trading on Wednesday, hitting $19.91. The company had a trading volume of 613 shares, compared to its average volume of 1,083. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 52-week low of $18.10 and a 52-week high of $21.20. The company has a 50 day simple moving average of $20.16 and a 200-day simple moving average of $20.06.

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

(Get Free Report)

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.