BMO CA High Dividend Covered Call ETF (TSE:ZWC) Hits New 1-Year High – What’s Next?

BMO CA High Dividend Covered Call ETF (TSE:ZWCGet Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$22.63 and last traded at C$22.59, with a volume of 156133 shares traded. The stock had previously closed at C$22.49.

BMO CA High Dividend Covered Call ETF Stock Up 0.4%

The firm’s fifty day simple moving average is C$21.77 and its 200 day simple moving average is C$21.17.

BMO CA High Dividend Covered Call ETF Company Profile

(Get Free Report)

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.

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