Madison Aggregate Bond ETF (NYSEARCA:MAGG) Short Interest Up ∞ in August

Madison Aggregate Bond ETF (NYSEARCA:MAGG) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 215 shares, an increase of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,718 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Madison Aggregate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Madison Asset Management LLC grew its position in Madison Aggregate Bond ETF by 4.5% during the first quarter. Madison Asset Management LLC now owns 2,724,067 shares of the company’s stock worth $55,285,000 after buying an additional 117,170 shares in the last quarter. Royal Bank of Canada increased its stake in Madison Aggregate Bond ETF by 21.3% during the 1st quarter. Royal Bank of Canada now owns 475,643 shares of the company’s stock worth $9,653,000 after acquiring an additional 83,604 shares during the period. Finally, ZEGA Investments LLC raised its holdings in Madison Aggregate Bond ETF by 3.2% in the 2nd quarter. ZEGA Investments LLC now owns 50,310 shares of the company’s stock valued at $1,017,000 after acquiring an additional 1,561 shares in the last quarter.

Madison Aggregate Bond ETF Trading Down 0.1%

Shares of Madison Aggregate Bond ETF stock opened at $19.52 on Tuesday. Madison Aggregate Bond ETF has a twelve month low of $19.52 and a twelve month high of $20.96. The company has a 50-day simple moving average of $19.91 and a two-hundred day simple moving average of $20.18.

Madison Aggregate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Thursday, August 27th were given a $0.0751 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, August 27th.

Madison Aggregate Bond ETF Company Profile

The Madison Aggregate Bond ETF (MAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to generate superior long-term risk adjusted performance through investments in US investment-grade bonds. The fund maintains an intermediate average portfolio duration but may include securities of any maturity. MAGG was launched on Aug 29, 2023 and is issued by Madison.