iShares Canadian Select Dividend Index ETF (TSE:XDV) Reaches New 12-Month High – Time to Buy?

iShares Canadian Select Dividend Index ETF (TSE:XDV) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$38.45 and last traded at C$38.36, with a volume of 30927 shares traded. The stock had previously closed at C$38.19.

iShares Canadian Select Dividend Index ETF Stock Performance

The stock’s 50-day moving average is C$37.16 and its 200 day moving average is C$35.49.

iShares Canadian Select Dividend Index ETF Company Profile

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.