BMO Canadian Dividend ETF (TSE:ZDV) Shares Cross Above 50 Day Moving Average – Here’s What Happened

BMO Canadian Dividend ETF (TSE:ZDV)’s stock price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of C$33.09 and traded as high as C$33.35. BMO Canadian Dividend ETF shares last traded at C$33.21, with a volume of 135,052 shares changing hands.

BMO Canadian Dividend ETF Stock Up 0.5%

The company’s fifty day moving average is C$33.09 and its two-hundred day moving average is C$31.71.

BMO Canadian Dividend ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Tuesday, November 3rd were paid a $0.0750 dividend. The ex-dividend date was Thursday, October 29th. This represents a $0.90 dividend on an annualized basis and a yield of 2.7%.

About BMO Canadian Dividend ETF

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.