ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Declares Monthly Dividend of $0.07

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be given a dividend of 0.0749 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, January 28th.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Down 0.3%

Shares of SIXL stock traded down $0.10 during trading on Wednesday, reaching $37.72. The company’s stock had a trading volume of 2,233 shares, compared to its average volume of 5,861. The business has a fifty day moving average price of $37.10 and a 200-day moving average price of $36.84. The company has a market cap of $189.74 million, a price-to-earnings ratio of 17.82 and a beta of 0.62. ETC 6 Meridian Low Beta Equity Strategy ETF has a one year low of $34.20 and a one year high of $38.27.

About ETC 6 Meridian Low Beta Equity Strategy ETF

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.