Centric Wealth Management Increases Holdings in Madison Aggregate Bond ETF (NYSEARCA:MAGG)

Centric Wealth Management raised its stake in Madison Aggregate Bond ETF (NYSEARCA:MAGG) by 4.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 44,646 shares of the company’s stock after buying an additional 1,844 shares during the period. Centric Wealth Management’s holdings in Madison Aggregate Bond ETF were worth $904,000 at the end of the most recent quarter.

Separately, Tidal Investments LLC acquired a new stake in Madison Aggregate Bond ETF during the first quarter worth about $1,491,000.

Madison Aggregate Bond ETF Price Performance

Madison Aggregate Bond ETF stock opened at $20.39 on Friday. The firm has a 50 day simple moving average of $20.57 and a 200-day simple moving average of $20.52. Madison Aggregate Bond ETF has a 1-year low of $19.81 and a 1-year high of $21.14.

Madison Aggregate Bond ETF 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.