iShares Core Canadian Short Term Bond Index ETF (TSE:XSB) Sets New 12-Month High – Here’s Why

Shares of iShares Core Canadian Short Term Bond Index ETF (TSE:XSBGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$27.24 and last traded at C$27.23, with a volume of 128866 shares traded. The stock had previously closed at C$27.21.

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

The business has a 50 day simple moving average of C$27.06 and a two-hundred day simple moving average of C$26.98.

About iShares Core Canadian Short Term Bond Index ETF

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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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