Shares of BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHY – Get Free Report) traded down 1.9% during mid-day trading on Thursday . The stock traded as low as C$10.91 and last traded at C$10.94. 8,444 shares changed hands during trading, a decline of 36% from the average session volume of 13,240 shares. The stock had previously closed at C$11.15.
BMO High Yield US Corporate Bond Hedged to CAD Index ETF Trading Down 2.1 %
The firm’s fifty day moving average is C$11.18 and its 200-day moving average is C$11.26.
About BMO High Yield US Corporate Bond Hedged to CAD Index ETF
The ETF seeks to replicate, to the extent possible, the performance of a broad U.S. high yield corporate bond market index, net of expenses. Currently, the ETF seeks to replicate the performance of the Bloomberg Barclays U.S. High Yield Very Liquid Index CAD Hedged (the Index). The investment strategy of the ETF is to obtain exposure to the performance of the Index by investing in assets such as ETFs, mutual funds or other investment funds, American depositary receipts or derivative instruments.
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