BMO Aggregate Bond Index ETF (TSE:ZAG) Sets New 52-Week Low – Should You Sell?

BMO Aggregate Bond Index ETF (TSE:ZAGGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$13.46 and last traded at C$13.47, with a volume of 303824 shares trading hands. The stock had previously closed at C$13.50.

BMO Aggregate Bond Index ETF Stock Down 0.2%

The company’s fifty day moving average is C$13.64 and its 200 day moving average is C$13.72.

BMO Aggregate Bond Index ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, September 2nd were given a $0.039 dividend. The ex-dividend date was Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 3.5%.

About BMO Aggregate Bond Index ETF

(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.

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