BMO Aggregate Bond Index ETF (TSE:ZAG) Shares Up 0.1% – Time to Buy?

BMO Aggregate Bond Index ETF (TSE:ZAG)’s share price was up 0.1% during trading on Friday . The company traded as high as C$13.99 and last traded at C$13.99. Approximately 532,714 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 567,630 shares. The stock had previously closed at C$13.97.

BMO Aggregate Bond Index ETF Trading Up 0.1%

The stock has a fifty day moving average price of C$13.85 and a 200-day moving average price of C$13.88.

BMO Aggregate Bond Index ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.04 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date was Wednesday, November 26th.

About BMO Aggregate Bond Index ETF

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.