Madison Covered Call ETF $CVRD Shares Sold by Madison Asset Management LLC

Madison Asset Management LLC trimmed its holdings in Madison Covered Call ETF (NYSEARCA:CVRD) by 14.5% during the fourth quarter, HoldingsChannel reports. The firm owned 1,885,000 shares of the company’s stock after selling 320,000 shares during the period. Madison Asset Management LLC owned about 0.96% of Madison Covered Call ETF worth $34,743,000 at the end of the most recent reporting period.

Madison Covered Call ETF Stock Performance

NYSEARCA:CVRD opened at $18.50 on Wednesday. Madison Covered Call ETF has a one year low of $17.56 and a one year high of $22.40. The stock has a market cap of $34.23 million, a PE ratio of 18.76 and a beta of 0.57. The stock has a 50 day moving average price of $18.35 and a 200 day moving average price of $18.56.

About Madison Covered Call ETF

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.