Madison Dividend Value ETF (DIVL)
Madison Dividend Value ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Madison, WI, US. The stock last traded at $25.61, up 0.04% on the session, giving a market capitalisation of $60.9M. Its beta of 0.53 implies it has historically moved less than the broad market.
The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.
Madison Dividend Value ETF is most often compared with the following Financial Services names: