Madison Aggregate Bond ETF (NYSEARCA:MAGG – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 166 shares. Based on an average daily volume of 5,787 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Institutional Trading of Madison Aggregate Bond ETF
Hedge funds have recently made changes to their positions in the business. ZEGA Investments LLC lifted its stake in shares of Madison Aggregate Bond ETF by 3.2% during the 2nd quarter. ZEGA Investments LLC now owns 50,310 shares of the company’s stock worth $1,017,000 after acquiring an additional 1,561 shares during the last quarter. Royal Bank of Canada lifted its holdings in Madison Aggregate Bond ETF by 21.3% during the first quarter. Royal Bank of Canada now owns 475,643 shares of the company’s stock worth $9,653,000 after buying an additional 83,604 shares during the period. Finally, Madison Asset Management LLC raised its position in shares of Madison Aggregate Bond ETF by 4.5% in the 1st quarter. Madison Asset Management LLC now owns 2,724,067 shares of the company’s stock worth $55,285,000 after acquiring an additional 117,170 shares in the last quarter.
Madison Aggregate Bond ETF Price Performance
NYSEARCA:MAGG traded up $0.07 on Friday, reaching $19.55. 686 shares of the company’s stock traded hands, compared to its average volume of 5,287. Madison Aggregate Bond ETF has a 12 month low of $19.06 and a 12 month high of $20.83. The stock has a 50-day simple moving average of $19.51 and a 200-day simple moving average of $20.10.
About Madison Aggregate Bond ETF
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.
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