Vanguard FTSE Canada Index ETF (TSE:VCE) Hits New 52-Week High – Time to Buy?

Vanguard FTSE Canada Index ETF (TSE:VCE) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$73.23 and last traded at C$73.14, with a volume of 3459 shares trading hands. The stock had previously closed at C$72.88.

Vanguard FTSE Canada Index ETF Stock Performance

The firm has a 50 day simple moving average of C$70.72 and a 200 day simple moving average of C$68.47.

Vanguard FTSE Canada Index ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 27th were paid a dividend of $0.3773 per share. This represents a $1.51 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, March 20th.

Vanguard FTSE Canada Index ETF Company Profile

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.