BMO US Put Write ETF (TSE:ZPW) Shares Down 0.2% – Should You Sell?

BMO US Put Write ETF (TSE:ZPW) shares dropped 0.2% during trading on Monday . The stock traded as low as C$15.54 and last traded at C$15.58. Approximately 6,679 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 4,934 shares. The stock had previously closed at C$15.61.

BMO US Put Write ETF Stock Down 0.2%

The firm’s fifty day moving average is C$15.47 and its 200 day moving average is C$15.43.

BMO US Put Write ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Thursday, July 3rd were issued a $0.125 dividend. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date was Friday, June 27th.

BMO US Put Write ETF Company Profile

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.