BMO US Put Write ETF (TSE:ZPW) Stock Price Down 0.9% – Here’s What Happened

BMO US Put Write ETF (TSE:ZPW)’s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as C$15.74 and last traded at C$15.75. Approximately 4,175 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 5,614 shares. The stock had previously closed at C$15.89.

BMO US Put Write ETF Stock Up 0.1%

The firm has a fifty day simple moving average of C$15.89 and a 200-day simple moving average of C$15.52.

BMO US Put Write ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, August 5th were given a $0.125 dividend. The ex-dividend date was Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 9.5%.

About BMO US Put Write ETF

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.