Closing Bell: BMO Discount Bond ETF down on Thursday (ZDB)

Today during trading, BMO Discount Bond ETF opened at $14.24 and closed at $14.17. Intraday prices ranged from $14.17 to $14.24.

Share prices decreased -0.42% from the previous day's close of $14.23.

Today across North America, the TSX Composite closed 0.34% at 20275.27, the S&P 500 closed -0.70% at 4467.71, the Dow Jones Industrial Average closed -0.54% at 35123.36 and the Nasdaq Composite closed -1.17% at 13722.02.

BMO Discount Bond ETF traded under ZDB on the Toronto Stock Exchange (TSX).

A total of 21,468 shares was traded during the session, with total trades of 28. On average, BMO Discount Bond ETF has traded 13,753 shares in the last five days and 17,420 year-to-date.

The TSX overall saw 2,126 price advancers against 3,135 declines and 134 unchanged.

During the prior 52 weeks, ZDB.TO has traded as high as $14.98 (March 15,2023) and low as $13.75 (October 21,2022). Moreover, in the last 52 weeks, BMO Discount Bond ETF's shares have eased -4.84%, while in 2023, they have dipped -0.98%.

Following today's trading, BMO Discount Bond ETF has a market capitalization of $836.89 million on a float of 58,812 shares outstanding. Its annual EPS is $None.

BMO Discount Bond ETF is a None company headquartered in, None.

The BMO Discount Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Universe Discount Bond Index, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than one year. The Fund invests in bonds with 3-month trailing price of $100.50 or lower. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds.

BMO Discount Bond ETF is holding an average recommendation of "Strong Sell" from 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..