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BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Trading 0.6% Higher - Still a Buy?

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Shares of BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB - Get Free Report) shot up 0.6% during mid-day trading on Wednesday . The company traded as high as C$18.68 and last traded at C$18.63. 101,864 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 181,633 shares. The stock had previously closed at C$18.52.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Stock Up 1.4 %

The stock's fifty day moving average price is C$19.66 and its 200-day moving average price is C$19.60.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Tuesday, February 4th were issued a $0.11 dividend. The ex-dividend date was Thursday, January 30th. This represents a $1.32 annualized dividend and a yield of 7.06%.

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Should You Invest $1,000 in BMO Covered Call Canadian Banks ETF (ZWB.TO) Right Now?

Before you consider BMO Covered Call Canadian Banks ETF (ZWB.TO), you'll want to hear this.

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While BMO Covered Call Canadian Banks ETF (ZWB.TO) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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