25,448 Shares of ETC 6 Meridian Hedged Equity Index Option Strategy $SIXH Bought by Brighton Jones LLC

Brighton Jones LLC acquired a new position in shares of ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,448 shares of the company’s stock, valued at approximately $1,116,000.

A number of other institutional investors also recently made changes to their positions in SIXH. Signal Advisors Wealth LLC bought a new stake in shares of ETC 6 Meridian Hedged Equity Index Option Strategy during the third quarter worth approximately $269,000. Envestnet Asset Management Inc. acquired a new position in shares of ETC 6 Meridian Hedged Equity Index Option Strategy in the second quarter valued at approximately $442,000. Finally, BOS Asset Management LLC grew its position in shares of ETC 6 Meridian Hedged Equity Index Option Strategy by 144.1% in the third quarter. BOS Asset Management LLC now owns 16,281 shares of the company’s stock valued at $714,000 after purchasing an additional 9,611 shares during the last quarter.

ETC 6 Meridian Hedged Equity Index Option Strategy Trading Up 1.6%

Shares of NYSEARCA SIXH opened at $45.87 on Thursday. The firm has a market cap of $641.26 million, a P/E ratio of 16.87 and a beta of 0.29. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1-year low of $38.06 and a 1-year high of $46.13. The business’s 50 day moving average is $44.60 and its 200-day moving average is $43.11.

ETC 6 Meridian Hedged Equity Index Option Strategy Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 28th were paid a $0.1217 dividend. This is a boost from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous monthly dividend of $0.0724. The ex-dividend date was Wednesday, October 28th. This represents a $1.46 annualized dividend and a yield of 3.2%.

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.