Vanguard FTSE Canada Index ETF (TSE:VCE) Shares Down 0.2% – Here’s What Happened

Vanguard FTSE Canada Index ETF (TSE:VCE)’s share price fell 0.2% during mid-day trading on Tuesday . The stock traded as low as C$76.54 and last traded at C$76.93. Approximately 10,382 shares traded hands during trading, a decline of 68% from the average session volume of 32,115 shares. The stock had previously closed at C$77.07.

Vanguard FTSE Canada Index ETF Price Performance

The business’s 50-day moving average price is C$77.48 and its two-hundred day moving average price is C$74.37.

Vanguard FTSE Canada Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 26th were issued a dividend of $0.4095 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. This is a positive change from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.38. The ex-dividend date was Friday, June 19th.

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.