ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) Increases Dividend to $0.10 Per Share

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.0958 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 73.2% increase from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous dividend of $0.06.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of SIXH traded up $0.04 during trading hours on Thursday, hitting $39.01. 4,588 shares of the stock were exchanged, compared to its average volume of 20,488. The firm has a market capitalization of $563.69 million, a P/E ratio of 18.04 and a beta of 0.38. ETC 6 Meridian Hedged Equity Index Option Strategy has a fifty-two week low of $33.87 and a fifty-two week high of $39.84. The business has a 50-day moving average of $38.43 and a 200-day moving average of $37.66.

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.