Horizons Active Floating Rate Bond ETF opened trading today at $9.90 and closed at $9.90. Intraday prices ranged from a low of $9.89 to a high of $9.90.

Shares decreased -0.20% from the previous day's close of $9.92.

Today across North America, the TSX Composite closed -0.14% at 21912.52, the S&P 500 closed -0.28% at 5203.58, the Dow Jones Industrial Average closed -0.08% at 39282.33 and the Nasdaq Composite closed -0.42% at 16315.70.

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

Trading volume was 15,959 on 29 total trades, with an average volume of 22,046 in the last five days.

Trading across the entire TSX saw 3,990 price advancers against 1,258 declines and 113 unchanged.

During the prior 52 weeks, HFR.TO has traded as high as $9.94 (March 26,2024) and low as $9.68 (October 04,2023). Moreover, the shares have advanced 1.75 percent in the last year, while in 2024, they have gained 0.41%.

Following today's trading, Horizons Active Floating Rate Bond ETF has a market capitalization of $406.30 million on a float of 40,958 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. Currently, there are for the stock.

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..