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GX Active Ultra-Short Term Invt Grade Bond ETF(HFR-T)
TSX

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Closing Bell: Horizons Active Floating Rate Bond ETF flat on Friday (HFR)

Automated Summaries - The Globe and Mail - Fri Mar 15, 4:01PM CDT

Today in trading, shares of Horizons Active Floating Rate Bond ETF opened at $9.91 and closed at $9.90. prices ranged from a low of $9.90 to a high of $9.91.

Shares $verbed percentage_change percent from the previous day's close of $9.90.

During the day across North America, the TSX Composite closed -0.64% at 21829.85, the S&P 500 closed -0.29% at 5150.48, the Dow Jones Industrial Average closed -0.35% at 38905.66 and the Nasdaq Composite closed -0.30% at 16128.53.

Horizons Active Floating Rate Bond ETF traded under HFR on the Toronto Stock Exchange (TSX).

Trading volume was 22,310 on 16 total trades. On average, Horizons Active Floating Rate Bond ETF has traded 19,935 shares over 5 days and 66,709 year-to-date.

The TSX market on the whole today saw 3,000 price advancers against 2,251 declines and 118 unchanged.

During the prior 52 weeks, HFR.TO has traded as high as $9.92 (February 27,2024) and low as $9.68 (October 04,2023). Moreover, in the last 52 weeks, Horizons Active Floating Rate Bond ETF's shares have raised 0.92 percent, while they have gained 0.41% this year.

Following today's trading, Horizons Active Floating Rate Bond ETF has a market capitalization of $406.19 million on a float of 41,029 shares outstanding. Its annual EPS is $None.

Horizons Active Floating Rate Bond ETF is a None company headquartered in, None.

The Horizons Active Floating Rate Bond ETF seeks to generate income that is consistent with prevailing short-term corporate bond yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. Horizons HFR invests primarily in a portfolio of Canadian debt securities and hedges the portfolio's interest rate risk to generally maintain a portfolio duration of less than two years. Horizons HFR may also invest in debt securities of U.S. companies, directly, or through investments in securities of other investment funds, including exchange traded funds. Horizons HFR uses derivatives, including interest rate swaps, to deliver a floating rate of income. Horizons HFR, to the best of its ability, seeks to hedge its non-Canadian dollar currency exposure to the Canadian dollar at all times..

Horizons Active Floating Rate Bond ETF's average recommendation is "Strong Sell" based on 0.00 analysts according to Zacks. From those 0 analysts,.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..

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