BMO CA High Dividend Covered Call ETF (TSE:ZWC) Trading Up 0.4% – Should You Buy?

BMO CA High Dividend Covered Call ETF (TSE:ZWCGet Free Report) shares were up 0.4% during trading on Tuesday . The stock traded as high as C$22.55 and last traded at C$22.52. 124,050 shares were traded during trading, an increase of 5% from the average session volume of 118,672 shares. The stock had previously closed at C$22.44.

BMO CA High Dividend Covered Call ETF Price Performance

The business’s 50-day moving average is C$22.27 and its two-hundred day moving average is C$21.66.

About BMO CA High Dividend Covered Call ETF

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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.

Further Reading

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