ETC 6 Meridian Hedged Equity Index Option Strategy Declares Monthly Dividend of $0.01 (NYSEARCA:SIXH)

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) announced a monthly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be paid a dividend of 0.0132 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, February 25th.

ETC 6 Meridian Hedged Equity Index Option Strategy Stock Down 0.2%

Shares of NYSEARCA SIXH traded down $0.10 during mid-day trading on Wednesday, hitting $42.77. 6,298 shares of the company traded hands, compared to its average volume of 12,310. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1 year low of $35.00 and a 1 year high of $43.32. The stock has a market capitalization of $545.25 million, a price-to-earnings ratio of 16.87 and a beta of 0.37. The business has a 50 day moving average of $40.60 and a two-hundred day moving average of $39.34.

ETC 6 Meridian Hedged Equity Index Option Strategy Company Profile

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.