ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL – Get Free Report) announced a monthly dividend on Tuesday, October 27th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.0428 per share on Friday, October 30th. This represents a $0.51 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, October 28th. This is a 32.9% decrease from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous monthly dividend of $0.0638.
ETC 6 Meridian Low Beta Equity Strategy ETF Trading Down 0.7%
SIXL stock opened at $39.76 on Thursday. ETC 6 Meridian Low Beta Equity Strategy ETF has a 12 month low of $35.69 and a 12 month high of $40.92. The company has a 50-day moving average price of $39.09 and a 200 day moving average price of $38.78. The stock has a market cap of $204.76 million, a PE ratio of 17.82 and a beta of 0.55.
ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile
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.
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