ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) Announces Monthly Dividend of $0.06

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) announced a monthly dividend on Tuesday, January 27th. Investors of record on Wednesday, January 28th will be given a dividend of 0.06 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, January 28th.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

ETC 6 Meridian Hedged Equity Index Option Strategy stock traded up $0.14 during midday trading on Wednesday, hitting $40.48. 4,366 shares of the stock were exchanged, compared to its average volume of 10,010. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1 year low of $35.00 and a 1 year high of $40.53. The firm has a market cap of $516.87 million, a P/E ratio of 16.87 and a beta of 0.37. The company has a 50 day moving average price of $39.31 and a two-hundred day moving average price of $38.86.

About ETC 6 Meridian Hedged Equity Index Option Strategy

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.