Vanguard FTSE Canada All Cap Index ETF (TSE:VCN) Sets New 1-Year High – Time to Buy?

Vanguard FTSE Canada All Cap Index ETF (TSE:VCN) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$72.67 and last traded at C$72.67, with a volume of 49698 shares. The stock had previously closed at C$72.30.

Vanguard FTSE Canada All Cap Index ETF Stock Performance

The firm’s 50-day simple moving average is C$71.02 and its 200-day simple moving average is C$68.76.

Vanguard FTSE Canada All Cap Index ETF Company Profile

The investment objective of Vanguard FTSE Canada All Cap Index ETF the ETF is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada All Cap Domestic Index the Index or the Benchmark. The Index is a market capitalization-weighted index representing the performance of Canadian large, midand small capitalization companies. 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.