Vanguard FTSE Canada Index ETF (TSE:VCE) Hits New 12-Month High – Time to Buy?

Vanguard FTSE Canada Index ETF (TSE:VCE)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$73.60 and last traded at C$73.59, with a volume of 3769 shares trading hands. The stock had previously closed at C$73.36.

Vanguard FTSE Canada Index ETF Stock Up 0.1%

The stock has a 50-day simple moving average of C$71.44 and a 200 day simple moving average of C$69.77.

Vanguard FTSE Canada Index ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 27th were issued a $0.3773 dividend. This represents a $1.51 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, March 20th.

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.