BMO US Put Write ETF (TSE:ZPW) Shares Up 0.8% – Still a Buy?

BMO US Put Write ETF (TSE:ZPW) shares were up 0.8% during mid-day trading on Wednesday . The stock traded as high as C$15.30 and last traded at C$15.30. Approximately 1,619 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 7,590 shares. The stock had previously closed at C$15.18.

BMO US Put Write ETF Trading Up 0.8%

The firm’s 50 day moving average is C$15.63 and its 200 day moving average is C$15.73.

BMO US Put Write ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date was Wednesday, November 26th.

BMO US Put Write ETF Company Profile

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.