iShares Canadian Select Dividend Index ETF (TSE:XDV) Reaches New 1-Year High – Still a Buy?

Shares of iShares Canadian Select Dividend Index ETF (TSE:XDVGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$39.42 and last traded at C$39.36, with a volume of 16501 shares. The stock had previously closed at C$39.23.

iShares Canadian Select Dividend Index ETF Trading Up 0.4%

The business’s fifty day simple moving average is C$37.51 and its two-hundred day simple moving average is C$35.78.

About iShares Canadian Select Dividend Index ETF

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The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income.

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