BMO Aggregate Bond Index ETF (TSE:ZAG) Trading 0.1% Higher – Should You Buy?

BMO Aggregate Bond Index ETF (TSE:ZAG)’s share price rose 0.1% during mid-day trading on Friday . The company traded as high as C$13.99 and last traded at C$13.99. Approximately 532,714 shares were traded during trading, a decline of 6% from the average daily volume of 567,630 shares. The stock had previously closed at C$13.97.

BMO Aggregate Bond Index ETF Stock Performance

The company’s 50 day simple moving average is C$13.85 and its two-hundred day simple moving average is C$13.88.

BMO Aggregate Bond Index ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Investors of record on Tuesday, December 2nd were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 26th. This represents a c) dividend on an annualized basis and a yield of 3.4%.

About BMO Aggregate Bond Index ETF

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.