CI Canadian Convertible Bond ETF Common (TSE:CXF) Stock Price Down 0.1% – Here’s What Happened

CI Canadian Convertible Bond ETF Common (TSE:CXFGet Free Report)’s share price traded down 0.1% on Monday . The stock traded as low as C$10.74 and last traded at C$10.74. 9,033 shares changed hands during trading, an increase of 100% from the average session volume of 4,509 shares. The stock had previously closed at C$10.75.

CI Canadian Convertible Bond ETF Common Stock Performance

The stock’s fifty day moving average is C$10.76 and its 200-day moving average is C$10.43.

About CI Canadian Convertible Bond ETF Common

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The investment objectives of First Asset Canadian Convertible Bond ETF are to provide holders with (i) quarterly cash distributions, and (ii) the opportunity for capital appreciation by investing on a capitalization weighted basis in a portfolio (the Convertible Portfolio) of Convertible Bonds of Canadian issuers.

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