ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCL) Trading Up 0.2%

ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCL) was up 0.2% during trading on Thursday . The company traded as high as $13.98 and last traded at $13.97, approximately 9,817 shares changed hands during trading. A decline of 88% from the average daily volume of 82,086 shares. The stock had previously closed at $13.95.

The stock’s 50-day moving average is $14.22.

An institutional investor recently raised its position in ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN stock. Harvest Investment Services LLC increased its stake in ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCL) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,878 shares of the exchange traded fund’s stock after buying an additional 2,125 shares during the period. ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN comprises about 1.5% of Harvest Investment Services LLC’s investment portfolio, making the stock its 16th largest position. Harvest Investment Services LLC owned approximately 1.33% of ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN worth $2,611,000 as of its most recent filing with the Securities and Exchange Commission.

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