BMO CA High Dividend Covered Call ETF (TSE:ZWC) Sets New 12-Month High – What’s Next?

BMO CA High Dividend Covered Call ETF (TSE:ZWC)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$22.22 and last traded at C$22.22, with a volume of 55552 shares changing hands. The stock had previously closed at C$22.06.

BMO CA High Dividend Covered Call ETF Stock Up 0.5%

The firm’s 50 day moving average price is C$21.66 and its two-hundred day moving average price is C$21.03.

About BMO CA High Dividend Covered Call ETF

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.