BMO US Put Write ETF (TSE:ZPW) Trading Down 0.6% – Here’s Why

BMO US Put Write ETF (TSE:ZPW) shares dropped 0.6% during trading on Wednesday . The company traded as low as C$15.95 and last traded at C$15.95. Approximately 3,102 shares changed hands during trading, a decline of 35% from the average daily volume of 4,759 shares. The stock had previously closed at C$16.05.

BMO US Put Write ETF Trading Down 1.8 %

The business’s fifty day simple moving average is C$16.28 and its 200 day simple moving average is C$16.20.

BMO US Put Write ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were paid a dividend of $0.125 per share. The ex-dividend date was Monday, December 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 9.55%.

BMO US Put Write ETF Company Profile

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.