ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) Declares Dividend Increase – $0.07 Per Share

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) declared a dividend on Monday, September 23rd, NASDAQ reports. Shareholders of record on Tuesday, September 24th will be paid a dividend of 0.0682 per share on Wednesday, September 25th. The ex-dividend date of this dividend is Tuesday, September 24th. This is a boost from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous dividend of $0.04.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of SIXH stock traded down $0.08 on Tuesday, hitting $37.18. 2,666 shares of the stock traded hands, compared to its average volume of 8,652. ETC 6 Meridian Hedged Equity Index Option Strategy has a 52 week low of $31.08 and a 52 week high of $37.99. The firm has a 50 day simple moving average of $36.44 and a two-hundred day simple moving average of $35.82. The firm has a market cap of $416.42 million, a price-to-earnings ratio of 17.22 and a beta of 0.26.

ETC 6 Meridian Hedged Equity Index Option Strategy Company Profile

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.