ETRACS Silver Shares Covered Call ETN Announces Monthly Dividend of $1.25 (NASDAQ:SLVO)

Key Points

• ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) announced a monthly dividend of $1.25 per share, with shareholders of record on September 22 set to receive it on September 25.
• The annualized dividend yield for the ETN is 16.6%, reflecting a strong return for investors.
• SLVO's share price performance includes a one-year low of $72.60 and a high of $90.75, currently opening at $90.60.

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO - Get Free Report) announced a monthly dividend on Friday, January 1st. Stockholders of record on Monday, September 22nd will be paid a dividend of 1.252 per share on Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 16.6%. The ex-dividend date of this dividend is Monday, September 22nd.

ETRACS Silver Shares Covered Call ETN Stock Down 0.0%

Shares of ETRACS Silver Shares Covered Call ETN stock traded down $0.02 during trading on Tuesday, hitting $90.36. 29,316 shares of the stock traded hands, compared to its average volume of 29,971. The company has a fifty day moving average price of $85.46 and a two-hundred day moving average price of $81.58. ETRACS Silver Shares Covered Call ETN has a twelve month low of $72.60 and a twelve month high of $91.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ETRACS Silver Shares Covered Call ETN stock. Claris Financial LLC acquired a new position in shares of ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,530 shares of the company's stock, valued at approximately $1,564,000. ETRACS Silver Shares Covered Call ETN makes up about 1.2% of Claris Financial LLC's investment portfolio, making the stock its 19th biggest holding. Claris Financial LLC owned approximately 0.85% of ETRACS Silver Shares Covered Call ETN as of its most recent filing with the Securities and Exchange Commission.

ETRACS Silver Shares Covered Call ETN Company Profile

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