BMO US High Dividend Covered Call ETF (TSE:ZWH) Stock Price Down 0.6% – Here’s What Happened

Shares of BMO US High Dividend Covered Call ETF (TSE:ZWH) were down 0.6% during mid-day trading on Monday . The company traded as low as C$26.37 and last traded at C$26.44. 22,134 shares traded hands during trading, an increase of 9% from the average daily volume of 20,341 shares. The stock had previously closed at C$26.61.

BMO US High Dividend Covered Call ETF Stock Up 0.1%

The business has a fifty day moving average of C$26.83 and a two-hundred day moving average of C$26.15.

BMO US High Dividend Covered Call ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 3rd. Investors of record on Friday, July 3rd were given a $0.14 dividend. The ex-dividend date was Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 6.3%.

BMO US High Dividend Covered Call ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying U.S. companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will primarily invest in and hold the equity securities of dividend paying U.S. companies. Securities will be selected using a rules based methodology that considers dividend growth, yield and payout ratio. In addition, depending on market volatility and other factors, the ETF will write covered call options on these securities.