BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Shares Up 0.3% - What's Next?

Shares of BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB - Get Free Report) rose 0.3% during trading on Monday . The stock traded as high as C$19.88 and last traded at C$19.85. Approximately 67,560 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 173,094 shares. The stock had previously closed at C$19.80.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Stock Up 0.2%

The stock has a 50 day moving average price of C$18.88 and a two-hundred day moving average price of C$19.47.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 2nd. Stockholders of record on Friday, May 2nd were given a dividend of $0.11 per share. The ex-dividend date was Tuesday, April 29th. This represents a $1.32 annualized dividend and a dividend yield of 6.61%.

About BMO Covered Call Canadian Banks ETF (ZWB.TO)

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold the securities of Canadian banks, ETFs, or a combination of these.