BMO Canadian Dividend ETF (TSE:ZDV) Trading Up 0.5% – Here’s Why

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report) was up 0.5% on Thursday . The stock traded as high as C$32.59 and last traded at C$32.54. Approximately 26,473 shares traded hands during trading, a decline of 54% from the average session volume of 57,339 shares. The stock had previously closed at C$32.38.

BMO Canadian Dividend ETF Price Performance

The firm has a 50 day moving average price of C$31.97 and a 200-day moving average price of C$30.22.

About BMO Canadian Dividend ETF

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The ETF seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. To achieve investment objective the investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are held in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF to obtain exposure to the performance of the Index.

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