BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHY – Get Free Report) shot up 0.5% during mid-day trading on Thursday . The stock traded as high as C$11.05 and last traded at C$11.05. 3,105 shares were traded during trading, a decline of 76% from the average session volume of 12,912 shares. The stock had previously closed at C$10.99.
BMO High Yield US Corporate Bond Hedged to CAD Index ETF Stock Performance
The company has a fifty day simple moving average of C$10.96 and a 200-day simple moving average of C$11.15.
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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