ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Announces $0.05 Monthly Dividend

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) announced a monthly dividend on Tuesday, February 24th. Investors of record on Wednesday, February 25th will be given a dividend of 0.0533 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Wednesday, February 25th.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Performance

Shares of NYSEARCA:SIXL traded down $0.21 on Wednesday, reaching $39.10. The company’s stock had a trading volume of 527 shares, compared to its average volume of 4,303. The company has a 50-day simple moving average of $37.81 and a 200 day simple moving average of $37.14. The company has a market cap of $196.69 million, a P/E ratio of 17.82 and a beta of 0.62. ETC 6 Meridian Low Beta Equity Strategy ETF has a 52-week low of $34.20 and a 52-week high of $39.31.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.