BMO CA High Dividend Covered Call ETF (TSE:ZWC) Stock Price Up 0.1% – Still a Buy?

BMO CA High Dividend Covered Call ETF (TSE:ZWC) traded up 0.1% on Friday. The company traded as high as C$22.75 and last traded at C$22.64. Approximately 80,429 shares changed hands during trading, a decline of 23% from the average session volume of 104,815 shares. The stock had previously closed at C$22.62.

BMO CA High Dividend Covered Call ETF Price Performance

The stock has a 50-day moving average of C$22.57 and a two-hundred day moving average of C$22.20.

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.