BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHY) Trading Up 0.4% – What’s Next?

BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSE:ZHYGet Free Report) rose 0.4% during trading on Wednesday . The company traded as high as C$11.17 and last traded at C$11.17. 8,965 shares traded hands during trading, a decline of 39% from the average daily volume of 14,699 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 company has a fifty day moving average price of C$11.24 and a two-hundred day moving average price of C$11.29.

About BMO High Yield US Corporate Bond Hedged to CAD Index ETF

(Get Free Report)

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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