BMO CA High Dividend Covered Call ETF (TSE:ZWC) Sets New 12-Month High – Still a Buy?

Shares of BMO CA High Dividend Covered Call ETF (TSE:ZWC) reached a new 52-week high on Monday . The company traded as high as C$20.83 and last traded at C$20.82, with a volume of 7392 shares changing hands. The stock had previously closed at C$20.69.

BMO CA High Dividend Covered Call ETF Stock Performance

The stock has a 50 day simple moving average of C$20.32 and a 200-day simple moving average of C$19.57.

BMO CA High Dividend Covered Call ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold dividend paying equity securities of Canadian companies. The selected companies will have the potential for long-term capital appreciation. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio.