Centric Wealth Management Invests $888,000 in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI)

Centric Wealth Management purchased a new stake in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 43,369 shares of the company’s stock, valued at approximately $888,000. Centric Wealth Management owned approximately 1.47% of Madison Short Term Strategic Income ETF as of its most recent SEC filing.

Madison Short Term Strategic Income ETF Stock Performance

Shares of MSTI opened at $20.48 on Friday. Madison Short Term Strategic Income ETF has a twelve month low of $20.11 and a twelve month high of $20.86. The firm’s 50-day moving average is $20.59 and its two-hundred day moving average is $20.51.

About Madison Short Term Strategic Income ETF

The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.