(HDLB) ETRACS Monthly Pay - Ratings and Ratios

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded note (ETN) designed to deliver twice the monthly returns of an underlying index. The index selects 40 high-dividend-paying U.S. stocks with relatively lower volatility from the largest 1,000 U.S. companies by market capitalization. These securities are chosen based on their high dividend yields and lower volatility compared to the broader market. The ETN resets its exposure monthly, aiming to amplify returns while managing risk through diversification across sectors.

As of the latest data, HDLB trades on the NYSE ARCA with a last price of $15.80 and an average 20-day volume of 1214 shares, indicating limited liquidity. The ETN has $9.10 million in assets under management (AUM), reflecting its niche appeal. From a technical standpoint, HDLB is trading above its 20-day ($15.07), 50-day ($14.07), and 200-day ($13.17) simple moving averages, signaling bullish momentum. Its average true range (ATR) of 0.46 suggests relatively stable price movements, aligning with its low-volatility investment strategy.