iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Reaches New 52-Week High – Still a Buy?

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$46.12 and last traded at C$46.12, with a volume of 16737 shares changing hands. The stock had previously closed at C$45.72.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Performance

The firm has a 50 day moving average of C$44.58 and a 200-day moving average of C$42.87.

About iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class

(Get Free Report)

The investment objective of the Fund is to replicate, to the extent possible, the performance of the S&P TSX Canadian Dividend Aristocrats Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.

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