iShares Core Canadian Short Term Bond Index ETF (TSE:XSB – Get Free Report)’s stock price shot up 0.2% during trading on Thursday . The company traded as high as C$26.90 and last traded at C$26.89. Approximately 73,558 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 137,707 shares. The stock had previously closed at C$26.84.
iShares Core Canadian Short Term Bond Index ETF Price Performance
The company has a 50 day moving average of C$26.86 and a 200 day moving average of C$26.94.
About iShares Core Canadian Short Term Bond Index ETF
The investment objective of the Fund is to provide income by replicating, to the extent possible, the performance of the FTSE Canada Short Term Overall Bond Index ,net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian fixed income securities. The Index is a market capitalization-weighted index consisting of a broadly diversified range of bonds which may include any or all of federal, provincial, corporate including certain qualifying asset-backed securities and municipal bonds..
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