Madison Covered Call ETF $CVRD Holdings Lowered by Madison Asset Management LLC

Madison Asset Management LLC cut its stake in Madison Covered Call ETF (NYSEARCA:CVRD) by 4.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,205,000 shares of the company’s stock after selling 93,594 shares during the period. Madison Asset Management LLC owned 0.97% of Madison Covered Call ETF worth $40,946,000 at the end of the most recent reporting period.

Madison Covered Call ETF Price Performance

CVRD opened at $18.81 on Wednesday. The company has a market capitalization of $36.87 million, a price-to-earnings ratio of 18.76 and a beta of 0.60. Madison Covered Call ETF has a 1-year low of $15.61 and a 1-year high of $22.40. The business has a 50 day moving average price of $18.78 and a two-hundred day moving average price of $18.71.

Madison Covered Call ETF Profile

The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.