25,448 Shares in ETC 6 Meridian Hedged Equity Index Option Strategy $SIXH Bought by Brighton Jones LLC

Brighton Jones LLC acquired a new stake in ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,448 shares of the company’s stock, valued at approximately $1,116,000. Brighton Jones LLC owned 0.18% of ETC 6 Meridian Hedged Equity Index Option Strategy as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Signal Advisors Wealth LLC bought a new position in shares of ETC 6 Meridian Hedged Equity Index Option Strategy during the 3rd quarter worth approximately $269,000. Envestnet Asset Management Inc. bought a new stake in ETC 6 Meridian Hedged Equity Index Option Strategy in the 2nd quarter valued at $442,000. Finally, BOS Asset Management LLC raised its stake in ETC 6 Meridian Hedged Equity Index Option Strategy by 144.1% in the 3rd quarter. BOS Asset Management LLC now owns 16,281 shares of the company’s stock valued at $714,000 after acquiring an additional 9,611 shares during the period.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of ETC 6 Meridian Hedged Equity Index Option Strategy stock opened at $45.87 on Thursday. The business has a fifty day simple moving average of $44.60 and a two-hundred day simple moving average of $43.11. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1 year low of $38.06 and a 1 year high of $46.13. The company has a market capitalization of $641.26 million, a price-to-earnings ratio of 16.87 and a beta of 0.29.

ETC 6 Meridian Hedged Equity Index Option Strategy Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 28th were given a $0.1217 dividend. The ex-dividend date of this dividend was Wednesday, October 28th. This is a boost from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous monthly dividend of $0.0724. This represents a $1.46 annualized dividend and a dividend yield of 3.2%.

ETC 6 Meridian Hedged Equity Index Option Strategy Profile

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.