Vanguard Conservative ETF Portfolio (TSE:VCNS) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Vanguard Conservative ETF Portfolio (TSE:VCNS) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$32.42 and traded as high as C$32.55. Vanguard Conservative ETF Portfolio shares last traded at C$32.50, with a volume of 39,879 shares traded.

Vanguard Conservative ETF Portfolio Price Performance

The firm has a 50 day moving average of C$32.70 and a 200-day moving average of C$32.42.

Vanguard Conservative ETF Portfolio Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, October 8th were issued a $0.1905 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.76 annualized dividend and a yield of 2.3%. This is a drop from Vanguard Conservative ETF Portfolio’s previous quarterly dividend of $0.2038.

About Vanguard Conservative ETF Portfolio

Vanguard Conservative ETF Portfolio (the ETF) seeks to provide a combination of income and moderate long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub advisor will strive to maintain a long term strategic asset allocation of equity (approximately 40%) and fixed income (approximately 60%) securities.