Vanguard FTSE Canada Index ETF (TSE:VCE) Reaches New 1-Year High – Still a Buy?

Shares of Vanguard FTSE Canada Index ETF (TSE:VCE) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$76.16 and last traded at C$75.91, with a volume of 7000 shares traded. The stock had previously closed at C$74.72.

Vanguard FTSE Canada Index ETF Stock Performance

The firm has a 50 day simple moving average of C$73.28 and a 200-day simple moving average of C$70.90.

Vanguard FTSE Canada Index ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 27th were issued a $0.3773 dividend. This represents a $1.51 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, March 20th.

About Vanguard FTSE Canada Index ETF

The investment objective of Vanguard FTSE Canada Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada Domestic Index (the Index). The Index is a market capitalization-weighted index representing the performance of Canadian large- and mid-capitalization stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.