BMO Aggregate Bond Index ETF (TSE:ZAG) Reaches New 1-Year Low – What’s Next?

BMO Aggregate Bond Index ETF (TSE:ZAG – Get Free Report) shares reached a new 52-week low on Tuesday. The stock traded as low as C$13.31 and last traded at C$13.31, with a volume of 54782 shares trading hands. The stock had previously closed at C$13.39.

BMO Aggregate Bond Index ETF Stock Performance

The stock’s 50-day moving average is C$13.54 and its 200-day moving average is C$13.67.

BMO Aggregate Bond Index ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, September 2nd were issued a dividend of $0.0390 per share. The ex-dividend date was Friday, August 28th. This represents a $0.47 annualized dividend and a dividend yield of 3.5%.

BMO Aggregate Bond Index ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for BMO Aggregate Bond Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Aggregate Bond Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.