ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Declares Dividend Increase – $0.09 Per Share

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.086 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 2xLeveraged US Small Cap High Dividend ETN Series B’s previous dividend of $0.07.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Down 1.1 %

Shares of NYSEARCA SMHB traded down $0.06 during mid-day trading on Wednesday, reaching $5.24. The company had a trading volume of 88,658 shares, compared to its average volume of 42,492. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a one year low of $4.98 and a one year high of $7.20. The business’s 50-day simple moving average is $5.53 and its 200 day simple moving average is $5.85.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Company Profile

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.