Madison Investment Advisors LLC Invests $57.41 Million in Madison Aggregate Bond ETF (NYSEARCA:MAGG)

Madison Investment Advisors LLC bought a new position in Madison Aggregate Bond ETF (NYSEARCA:MAGG) during the fourth quarter, Holdings Channel reports. The firm bought 2,862,010 shares of the company’s stock, valued at approximately $57,412,000. Madison Investment Advisors LLC owned approximately 1.10% of Madison Aggregate Bond ETF at the end of the most recent reporting period.

Separately, Centric Wealth Management grew its position in Madison Aggregate Bond ETF by 4.3% in the 3rd quarter. Centric Wealth Management now owns 44,646 shares of the company’s stock valued at $904,000 after acquiring an additional 1,844 shares during the last quarter.

Madison Aggregate Bond ETF Stock Performance

Shares of NYSEARCA MAGG opened at $20.27 on Thursday. Madison Aggregate Bond ETF has a 1-year low of $19.79 and a 1-year high of $21.14. The business has a fifty day moving average price of $20.13 and a 200 day moving average price of $20.42.

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.