Madison Aggregate Bond ETF (NYSEARCA:MAGG) to Issue Monthly Dividend of $0.07

Madison Aggregate Bond ETF (NYSEARCA:MAGG) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be paid a dividend of 0.0673 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, January 28th.

Madison Aggregate Bond ETF Stock Performance

Madison Aggregate Bond ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $20.49. The company had a trading volume of 542 shares, compared to its average volume of 13,635. Madison Aggregate Bond ETF has a 1 year low of $19.96 and a 1 year high of $20.96. The business has a fifty day moving average of $20.57 and a 200 day moving average of $20.53.

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.