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BMO Covered Call Utilities ETF Stock Symbol: ZWU-T

Last Price Recorded: $13.8000 on 2015-08-30

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Date Signal Expert Opinion Price
2015-08-24 COMMENT Larry Berman CFA, CMT, CTA

Utilities, pipelines, telcos, big dividend players with a covered call overlay. Quite an interest rate sensitive sector. This is a time to look at this. If you are a total return investor, this is not necessarily going to give you a lot of growth. If you are a yield investor, it is a great, great holding for a nice yield and lower volatility in the broader markets.


Price:
$13.320
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-10 BUY Larry Berman CFA, CMT, CTA

He has a full position.  It is a great holding.  The covered call gives you an enhanced yield.  He would look to sell if it went over $15.


Price:
$14.110
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2015-06-24 BUY John Hood

He likes this. Remember that utilities are a little bit like REITs and are interest sensitive. However on this one the indicated yield was about 6% including covered calls and dividends. He would be a little bit on the cautionary side when interest rates start to move, but in the interim buy it.


Price:
$14.970
Subject:
ETF's & OPTIONS
Bias:
BULLISH on US MARKET
Owned:
Unknown
2015-05-27 COMMENT John DeGoey

Caller was at 10%.  He feels this is okay for an ETF and so the caller should not add to or reduce his position.


Price:
$15.110
Subject:
PERSONAL FINANCE & ETFs
Bias:
DEFENSIVE
Owned:
Unknown
2015-02-09 BUY Larry Berman CFA, CMT, CTA

Covered Call Utilities.  Loves it as part of a holding.  Has a 6-7% position.  Utilities, telcos and pipelines, 20% in the US.  Not without risk.  It is interest rate sensitive.  5.5-6% yield.


Price:
$15.380
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-16 BUY Mike S. Newton, CIM FCSI

Has been a good name to own. The Covered Call nature helps mitigate an “interest rate hike” risk. The only concern that he has is that it is about 35% energy, and that is always going to cause a little bit of grief. Believes this has both Canadian and US exposure, and this is probably a good entry point.


Price:
$14.700
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-15 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

Utility stocks are the lowest end of the spectrum in terms of volatility.  There is some energy exposure so this one really isn’t a risk free dividend.  It will be less volatility than pure energy.  We should have a bottom in the energy sector in the next couple of months.


Price:
$14.600
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-05-28 PAST TOP PICK David Cockfield

(A Top Pick June 7/13. Up 13.53%.) This got hit when there was the tapering tantrum, but has come back quite nicely. Has a fairly reasonable yield if you are looking for that. Prefers ZLB-T. The Call aspect, where they get called away in a rising market, has not helped their earnings at all.


Price:
$15.520
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-05-13 COMMENT Michael Bowman

As long as you understand how covered calls work i.e. they limit your upside. It has been a great performer. 5.7% dividend yield.


Price:
$15.430
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2014-05-01 COMMENT John DeGoey

As equity-based products go, this is a pretty conservative one. It is diversified, so that makes it conservative, but utilities are conservative because you have a steady income stream. You also have the covered call overlay which gets you the income of covered calls. If things go up a lot, you get called away. A good, steady sort of thing to use for people who want growth, but are still conservative in trying to get it.


Price:
$15.360
Subject:
PERSONAL FINANCE & ETFs
Bias:
BULLISH ON ETFs
Owned:
Unknown
2014-04-07 COMMENT Larry Berman CFA, CMT, CTA

Telcos and pipelines.  Some US utility exposure and a covered call overlay.  Telcos are about 15%. 


Price:
$15.170
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-03-05 BUY Michael Bowman

Covered calls work where a stock doesn’t move much, so this is a great opportunity for covered calls. 


Price:
$14.870
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
SELECTIVE
Owned:
Unknown
2013-12-13 BUY John Hood

Likes this because it is a Covered Call situation. Utilities did get beaten up. This is something that he would like to have as part of his income side of a portfolio. Yield of 6.25%.


Price:
$14.080
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2013-11-25 HOLD Larry Berman CFA, CMT, CTA

It is down because when Fed started talking about tapering, everything interest sensitive went down.  It had nothing to do with covered call strategy.  6.5% yield.


Price:
$14.420
Subject:
TECHNICAL INVESTING and OPTION STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2013-10-10 COMMENT Richard Croft

A covered call ETF on utility stocks. Has not done particularly well because utility companies tend to be interest-rate sensitive. As interest rates rise, a lot of the utility companies tend to go down because they tend to be supported by the dividend. Yield of 6.32%.


Price:
$13.910
Subject:
OPTIONS & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 38 entries
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