BMO Aggregate Bond Index ETF (TSE:ZAG) Trading Down 0.1% – What’s Next?

Shares of BMO Aggregate Bond Index ETF (TSE:ZAG) were down 0.1% during mid-day trading on Monday . The stock traded as low as C$13.83 and last traded at C$13.86. Approximately 661,209 shares changed hands during trading, an increase of 7% from the average session volume of 618,523 shares. The stock had previously closed at C$13.87.

BMO Aggregate Bond Index ETF Price Performance

The stock has a 50-day simple moving average of C$13.76 and a 200-day simple moving average of C$13.79.

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.