BMO Aggregate Bond Index ETF (TSE:ZAG – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Monday . The company traded as high as C$13.72 and last traded at C$13.70. 539,246 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 612,907 shares. The stock had previously closed at C$13.69.
BMO Aggregate Bond Index ETF Stock Performance
The company has a 50-day moving average of C$13.77 and a 200 day moving average of C$13.78.
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.
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