BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Trading 0% Higher – What’s Next?

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) shares traded up 0% on Wednesday . The stock traded as high as C$21.56 and last traded at C$21.51. 163,981 shares were traded during trading, an increase of 10% from the average session volume of 149,499 shares. The stock had previously closed at C$21.50.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Trading Up 0.0%

The firm’s 50-day simple moving average is C$20.92 and its two-hundred day simple moving average is C$19.81.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Tuesday, August 5th were given a dividend of $0.11 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date was Wednesday, July 30th.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks 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 the securities of Canadian banks, ETFs, or a combination of these.