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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 Thursday (HFR)

Automated Summaries - The Globe and Mail - Thu Apr 18, 4:01PM CDT

Horizons Active Floating Rate Bond ETF opened trading today at $9.91 and closed at $9.91. It traded at a low of $9.91 to a high of $9.92.

Share prices $verbed percentage_change% from the previous day's close of $9.91.

During the day across North America, the TSX Composite closed tsx_percentage_change% at 21708.44, the S&P 500 closed sp_500_percentage_change% at 5022.21, the Dow Jones Industrial Average closed dow_jones_percentage_change% at 37753.31 and the Nasdaq Composite closed nasdaq_percentage_change% at 15683.37.

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

Trading volume was 4,869 on 14 total trades, while having an average volume of 19,509 over the last 5-days.

Trading across the entire TSX saw 2,663 price advancers against 2,504 declines and 146 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 12 months, Horizons Active Floating Rate Bond ETF's shares have advanced 1.33 percent, while this year, they have advanced 0.51%.

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..

Currently, Horizons Active Floating Rate Bond ETF has an average recommendation of "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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