iShares Core Canadian Short Term Bond Index ETF (TSE:XSB) Sets New 52-Week Low – Time to Sell?

iShares Core Canadian Short Term Bond Index ETF (TSE:XSB)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$26.75 and last traded at C$26.75, with a volume of 44627 shares. The stock had previously closed at C$26.88.

iShares Core Canadian Short Term Bond Index ETF Stock Down 0.5%

The firm has a fifty day moving average price of C$27.03 and a 200-day moving average price of C$27.07.

iShares Core Canadian Short Term Bond Index ETF Company Profile

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..