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

iShares Core Canadian Universe Bond Index ETF (TSE:XBBGet Free Report) traded up 0.1% during mid-day trading on Monday . The stock traded as high as C$28.32 and last traded at C$28.24. 234,575 shares traded hands during mid-day 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 Price Performance

The company’s 50 day simple moving average is C$28.03 and its 200-day simple moving average is C$28.16.

iShares Core Canadian Universe Bond Index ETF Company Profile

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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 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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