ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) to Issue Dividend of $0.14

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) announced a dividend on Wednesday, October 9th, NASDAQ reports. Investors of record on Friday, October 11th will be paid a dividend of 0.141 per share on Monday, October 21st. The ex-dividend date is Friday, October 11th. This is an increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous dividend of $0.09.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Performance

Shares of SMHB traded down $0.13 during mid-day trading on Wednesday, hitting $6.12. 29,536 shares of the company’s stock were exchanged, compared to its average volume of 45,080. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a twelve month low of $4.76 and a twelve month high of $7.79. The firm has a fifty day moving average of $6.02 and a two-hundred day moving average of $6.05.

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

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.