BMO Aggregate Bond Index ETF (TSE:ZAG) Trading Down 0.1% – Here’s What Happened

BMO Aggregate Bond Index ETF (TSE:ZAG) shares fell 0.1% on Thursday . The company traded as low as C$13.79 and last traded at C$13.82. 439,034 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 593,585 shares. The stock had previously closed at C$13.83.

BMO Aggregate Bond Index ETF Stock Performance

The company’s 50-day moving average price is C$13.88 and its 200 day moving average price is C$13.85.

BMO Aggregate Bond Index ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Tuesday, December 2nd were given a $0.04 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Wednesday, November 26th.

BMO Aggregate Bond Index ETF Company Profile

The ETF seeks to replicate, to the extent possible, the performance of an aggregate bond index, net of expenses. To achieve investment objective the investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities to obtain exposure to the performance of the Index.