Columbia Short Duration Bond ETF (SBND)
Columbia Short Duration Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $18.69, up 0.13% on the session, giving a market capitalisation of $215.2M. Its beta of 0.48 implies it has historically moved less than the broad market.
This exchange-traded fund principally invests its assets in fixed-income and debt instruments tracked by its benchmark index. It can also acquire "to-be-announced" (TBA) securities, provided its investment advisor determines their economic profiles closely match those of the index's components. The underlying index is owned and computed by Bloomberg Index Services Limited, an organization independent of both the fund and Columbia Management. Furthermore, this fund is categorized as non-diversified.
Columbia Short Duration Bond ETF is most often compared with the following Financial Services names: