ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Increases Dividend to $0.08 Per Share

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0833 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 98.3% increase from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous dividend of $0.04.

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

Shares of SIXL traded up $0.13 during trading on Thursday, reaching $37.45. The company’s stock had a trading volume of 1,676 shares, compared to its average volume of 4,831. The company has a market cap of $190.25 million, a price-to-earnings ratio of 19.52 and a beta of 0.66. The company has a fifty day moving average of $37.66 and a two-hundred day moving average of $37.65. ETC 6 Meridian Low Beta Equity Strategy ETF has a twelve month low of $33.01 and a twelve month high of $39.47.

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.