In market activity today, shares of Horizons Active Floating Rate Bond ETF opened at $9.90 and closed at $9.91. prices ranged from a low of $9.90 to a high of $9.91.

The price $verbed percentage_change percent from the previous day's close of $9.91.

Today across North America, the TSX Composite closed -0.45% at 21642.87, the S&P 500 closed -0.21% at 5051.41, the Dow Jones Industrial Average closed 0.17% at 37798.97 and the Nasdaq Composite closed -0.12% at 15865.25.

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

A total of 10,303 shares was traded during the session, with total trades of 8. On average, Horizons Active Floating Rate Bond ETF has traded 21,389 shares in the last five days and 53,894 year-to-date.

The TSX market on the whole today saw 2,131 price advancers against 3,083 declines and 114 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, in the last 52 weeks, Horizons Active Floating Rate Bond ETF's shares have boosted 1.43 percent, while they have gained 0.51% this year.

Following today's trading, Horizons Active Floating Rate Bond ETF has a market capitalization of $403.21 million on a float of 40,687 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 is holding an average recommendation of "Strong Sell" from 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..