iShares Core Canadian Universe Bond Index ETF (TSE:XBB) Shares Up 0.1% – Here’s What Happened

Shares of iShares Core Canadian Universe Bond Index ETF (TSE:XBBGet Free Report) shot up 0.1% during mid-day trading on Monday . The company traded as high as C$28.32 and last traded at C$28.24. 234,575 shares traded hands during trading, an increase of 8% from the average session volume of 216,565 shares. The stock had previously closed at C$28.22.

iShares Core Canadian Universe Bond Index ETF Stock Up 0.1%

The firm’s fifty day moving average is C$28.03 and its two-hundred day moving average is C$28.16.

iShares Core Canadian Universe Bond Index ETF Company Profile

(Get Free Report)

The investment objective of the Fund is to provide income by replicating, to the extent possible, the performance of the FTSE Canada Universe Bond Index the Index, net of expenses. To achieve its investment objective the fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more exchange-traded funds managed by BlackRock Canada or an affiliate and or through the use of derivatives, a replicating strategy or sampling strategy.

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