ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Raises Dividend to $0.05 Per Share

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) declared a dividend on Monday, September 23rd, NASDAQ reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.0477 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 Low Beta Equity Strategy ETF’s previous dividend of $0.03.

ETC 6 Meridian Low Beta Equity Strategy ETF Trading Down 0.2 %

SIXL traded down $0.09 during midday trading on Tuesday, hitting $37.26. The company’s stock had a trading volume of 30 shares, compared to its average volume of 5,125. The firm has a market cap of $170.65 million, a P/E ratio of 18.20 and a beta of 0.55. ETC 6 Meridian Low Beta Equity Strategy ETF has a 52-week low of $29.67 and a 52-week high of $37.61. The firm has a 50-day moving average price of $36.48 and a two-hundred day moving average price of $35.04.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.