ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) Plans $0.05 Dividend

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEARCA:PFFL) declared a dividend on Wednesday, August 7th, NASDAQ reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.0478 per share on Tuesday, August 20th. The ex-dividend date is Monday, August 12th.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Price Performance

NYSEARCA PFFL traded up $0.05 during mid-day trading on Wednesday, reaching $9.59. The stock had a trading volume of 9,171 shares, compared to its average volume of 4,314. ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN has a 1 year low of $7.86 and a 1 year high of $10.59. The company has a fifty day moving average price of $9.67 and a 200 day moving average price of $9.87.

ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN Company Profile

The ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is an exchange-traded fund that is based on the Solactive Preferred Stock ETF index. The fund tracks twice the monthly returns of a market-value-selected and -weighted index of preferred securities from various issuers. PFFL was launched on Sep 25, 2018 and is issued by ETRACS.