iShares Core Canadian Short Term Bond Index ETF (TSE:XSB – Get Free Report) shares shot up 0.2% during trading on Thursday. The stock traded as high as C$26.70 and last traded at C$26.70. 112,090 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 135,956 shares. The stock had previously closed at C$26.64.
iShares Core Canadian Short Term Bond Index ETF Price Performance
The business has a 50 day simple moving average of C$26.59 and a 200 day simple moving average of C$26.82.
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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