Shares of iShares Core Canadian Short Term Bond Index ETF (TSE:XSB – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$26.65 and last traded at C$26.66, with a volume of 58621 shares changing hands. The stock had previously closed at C$26.68.
iShares Core Canadian Short Term Bond Index ETF Price Performance
The stock’s 50-day moving average price is C$26.80 and its 200-day moving average price is C$26.86.
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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