BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHY) Trading Up 0.1% – Here’s Why

BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHYGet Free Report)’s share price rose 0.1% during mid-day trading on Thursday . The company traded as high as C$11.18 and last traded at C$11.13. Approximately 19,098 shares changed hands during trading, an increase of 23% from the average daily volume of 15,503 shares. The stock had previously closed at C$11.12.

BMO High Yield US Corporate Bond Hedged to CAD Index ETF Trading Up 0.4%

The stock’s 50-day simple moving average is C$11.23 and its 200-day simple moving average is C$11.19.

BMO High Yield US Corporate Bond Hedged to CAD Index ETF Company Profile

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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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