BMO CA High Dividend Covered Call ETF (TSE:ZWC) Sets New 12-Month High – Here’s Why

BMO CA High Dividend Covered Call ETF (TSE:ZWC)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$22.23 and last traded at C$22.13, with a volume of 95477 shares traded. The stock had previously closed at C$22.02.

BMO CA High Dividend Covered Call ETF Price Performance

The stock’s 50-day moving average is C$21.72 and its two-hundred day moving average is C$21.13.

BMO CA High Dividend Covered Call ETF Company Profile

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.