ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Plans Monthly Dividend of $0.13

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.1267 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, December 30th. This is a 71.4% increase from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous monthly dividend of $0.07.

ETC 6 Meridian Low Beta Equity Strategy ETF Price Performance

SIXL stock opened at $37.24 on Tuesday. ETC 6 Meridian Low Beta Equity Strategy ETF has a 1-year low of $34.20 and a 1-year high of $38.27. The business has a 50 day simple moving average of $36.74 and a two-hundred day simple moving average of $36.71. The company has a market capitalization of $192.90 million, a price-to-earnings ratio of 17.82 and a beta of 0.62.

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.