Madison Aggregate Bond ETF (NYSEARCA:MAGG) Stock Short Interest Report for October

Madison Aggregate Bond ETF (NYSEARCA:MAGG) saw a significant increase in short interest during 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 days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Madison Aggregate Bond ETF

Hedge funds have recently bought and sold shares of the business. ZEGA Investments LLC lifted its position in Madison Aggregate Bond ETF by 3.2% during the second quarter. ZEGA Investments LLC now owns 50,310 shares of the company’s stock worth $1,017,000 after buying an additional 1,561 shares in the last quarter. Royal Bank of Canada raised its position in shares of 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 valued at $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% during the 1st quarter. Madison Asset Management LLC now owns 2,724,067 shares of the company’s stock valued at $55,285,000 after buying an additional 117,170 shares during the period.

Madison Aggregate Bond ETF Stock Performance

Shares of NYSEARCA MAGG traded up $0.07 during trading on Friday, reaching $19.55. 686 shares of the company 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 firm’s fifty day simple moving average is $19.51 and its 200 day simple moving average is $20.10.

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.