Madison Asset Management LLC Boosts Stock Position in Madison Aggregate Bond ETF $MAGG

Madison Asset Management LLC raised its holdings in Madison Aggregate Bond ETF (NYSEARCA:MAGG) by 4.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,724,067 shares of the company’s stock after buying an additional 117,170 shares during the period. Madison Asset Management LLC owned about 77.61% of Madison Aggregate Bond ETF worth $55,285,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada boosted its position in shares of Madison Aggregate Bond ETF by 22.5% during the 1st quarter. Royal Bank of Canada now owns 262,902 shares of the company’s stock worth $5,339,000 after acquiring an additional 48,369 shares in the last quarter. Jane Street Group LLC purchased a new stake in Madison Aggregate Bond ETF during the first quarter worth approximately $480,000. Finally, Tidal Investments LLC lifted its stake in Madison Aggregate Bond ETF by 512.7% during the second quarter. Tidal Investments LLC now owns 99,685 shares of the company’s stock worth $2,030,000 after purchasing an additional 83,416 shares during the last quarter.

Madison Aggregate Bond ETF Trading Down 0.2%

Shares of Madison Aggregate Bond ETF stock opened at $20.08 on Tuesday. Madison Aggregate Bond ETF has a 52 week low of $19.98 and a 52 week high of $20.96. The firm’s 50 day moving average is $20.18 and its two-hundred day moving average is $20.38.

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.