BMO Floating Rate High Yield ETF stock eased on Wednesday.
BMO Floating Rate High Yield ETF opened trading today at $13.57 and closed at $13.49. It traded at a low of $13.57 to a high of $13.57.
Shares dipped -0.81 percent from the previous day's close of $13.60.
Today across North America, the TSX Composite closed -0.46% at 19578.30, the S&P 500 closed -0.42% at 4122.47, the Dow Jones Industrial Average closed -0.18% at 32774.41 and the Nasdaq Composite closed -1.19% at 12493.93.
BMO Floating Rate High Yield ETF traded under ZFH.TO on the TSX stock exchange.
Trading volume was 1,800 on 1 total trades, while having an average volume of 4,664 in the last five days.
The TSX overall saw 4,557 price advancers against 1,077 declines and 259 unchanged.
During the prior 52 weeks, ZFH.TO has traded as high as $14.70 (September 23,2021) and low as $12.80 (June 17,2022). Moreover, the shares have dipped -7.54 percent in 52 weeks, while they have eased -7.16% year-to-date.
ZFH.TO's updated dividend yield is 0.66%.
Following today's trading, BMO Floating Rate High Yield ETF has a market capitalization of $81.59 million on a float of 6,049 shares outstanding. Its annual EPS is $None.
BMO Floating Rate High Yield ETF is a None company headquartered in, US.
The BMO Floating Rate High Yield ETF provides exposure to high yield credit with minimal duration risks. The Fund invests in Canadian short term bonds to minimize interest rate risk and currency risk. To enhance the yield, the Fund gains exposure to a diversified basket of US high yield (non-investment grade) issuers through the use of credit default swaps (CDS). Exposure through CDS provides the fund with several benefits, including central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight..
Currently, BMO Floating Rate High Yield ETF has an average recommendation of "Strong Sell" based on 0.00 analysts according to Zacks. From those 0 analysts,.
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