Vanguard FTSE Canada Index ETF (TSE:VCE) Reaches New 1-Year High – Here’s What Happened

Vanguard FTSE Canada Index ETF (TSE:VCE) reached a new 52-week high on Tuesday . The company traded as high as C$79.30 and last traded at C$79.29, with a volume of 15209 shares traded. The stock had previously closed at C$78.83.

Vanguard FTSE Canada Index ETF Trading Up 0.6%

The business has a 50-day moving average of C$76.59 and a 200-day moving average of C$73.54.

Vanguard FTSE Canada Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 26th were issued a dividend of $0.4095 per share. The ex-dividend date was Friday, June 19th. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. This is a positive change from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.38.

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.