Madison Investment Advisors LLC Invests $63.01 Million in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI)

Madison Investment Advisors LLC acquired a new position in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,096,207 shares of the company’s stock, valued at approximately $63,008,000. Madison Investment Advisors LLC owned about 104.96% of Madison Short Term Strategic Income ETF as of its most recent filing with the Securities and Exchange Commission.

Separately, Tidal Investments LLC acquired a new stake in Madison Short Term Strategic Income ETF during the 3rd quarter worth $1,856,000.

Madison Short Term Strategic Income ETF Trading Down 0.0 %

Shares of NYSEARCA:MSTI opened at $20.49 on Thursday. Madison Short Term Strategic Income ETF has a 1-year low of $20.13 and a 1-year high of $20.86. The firm has a fifty day moving average price of $20.40 and a 200 day moving average price of $20.52.

Madison Short Term Strategic Income ETF Profile

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.