iShares Core Canadian Short Term Bond Index ETF (TSE:XSB) Shares Climb 0.1% – Here’s Why

iShares Core Canadian Short Term Bond Index ETF (TSE:XSB)’s stock price shot up 0.1% on Thursday. The stock traded as high as C$26.66 and last traded at C$26.63. 79,204 shares were traded during trading, a decline of 41% from the average daily volume of 134,606 shares. The stock had previously closed at C$26.60.

iShares Core Canadian Short Term Bond Index ETF Trading Up 0.1%

The stock’s fifty day simple moving average is C$26.65 and its two-hundred day simple moving average is C$26.78.

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..