In market activity today, Horizons Active Floating Rate Bond ETF shares closed at $9.92 after opening the day at $9.91. prices ranged from a low of $9.91 to a high of $9.93.

Shares $verbed percentage_change percent from the previous day's close of $9.92.

During the day across North America, the TSX Composite closed 0.85% at 22045.71, the S&P 500 closed 0.89% at 5224.62, the Dow Jones Industrial Average closed 1.03% at 39512.13 and the Nasdaq Composite closed 1.25% at 16369.41.

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

Trading volume was 31,962 on 18 total trades. On average, Horizons Active Floating Rate Bond ETF has traded 15,321 shares in the last five days and 62,981 year-to-date.

The TSX market on the whole today saw 3,336 price advancers against 1,899 declines and 133 unchanged.

During the prior 52 weeks, HFR.TO has traded as high as $9.93 (March 21,2024) and low as $9.68 (October 04,2023). Moreover, in the last 12 months, Horizons Active Floating Rate Bond ETF's shares have advanced 2.06 percent, while they have advanced 0.61% year-to-date.

Following today's trading, Horizons Active Floating Rate Bond ETF has a market capitalization of $406.55 million on a float of 40,983 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..

Based on 0.00 analysts, Horizons Active Floating Rate Bond ETF gets an average recommendation of "Strong Sell" 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..