Closing Bell: BMO Floating Rate High Yield ETF down on Friday (ZFH)

In today's trading, shares of BMO Floating Rate High Yield ETF opened at $14.66 and closed at $14.66. Intraday prices ranged from a low of $14.65 to a high of $14.66.

Share prices reduced -0.07 percent from the previous day's close of $14.67.

During the day across North America, the TSX Composite closed -0.30% at 21875.79, the S&P 500 closed -0.41% at 5460.48, the Dow Jones Industrial Average closed -0.12% at 39118.86 and the Nasdaq Composite closed -0.71% at 17732.60.

BMO Floating Rate High Yield ETF has listed on the Toronto Stock Exchange (TSX) under the ticker ZFH.

A total of 4,767 shares was traded during the last trading day, with total trades of 13. On average, BMO Floating Rate High Yield ETF has traded 4,216 shares in the last five days and 7,513 year-to-date.

The TSX market on the whole today saw 1,678 price advancers against 3,535 declines and 105 unchanged.

During the prior 52 weeks, ZFH.TO has traded as high as $14.94 (May 27,2024) and low as $13.75 (October 30,2023). Moreover, in the last 52 weeks, BMO Floating Rate High Yield ETF's shares have advanced 4.34 percent, while they have raised 1.10% year-to-date.

Following today's trading, BMO Floating Rate High Yield ETF has a market capitalization of $0.00 on a float of 0 shares outstanding. Its annual EPS is $None.

BMO Floating Rate High Yield ETF is a None company headquartered in, None.

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..

BMO Floating Rate High Yield 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..