Vanguard FTSE Canada Index ETF (TSE:VCE) Shares Down 0.2% – Should You Sell?

Shares of Vanguard FTSE Canada Index ETF (TSE:VCE) traded down 0.2% on Tuesday . The company traded as low as C$76.54 and last traded at C$76.93. Approximately 10,382 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 32,115 shares. The stock had previously closed at C$77.07.

Vanguard FTSE Canada Index ETF Trading Up 0.9%

The company has a fifty day moving average of C$77.51 and a 200-day moving average of C$74.40.

Vanguard FTSE Canada Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 25th will be paid a $0.4137 dividend. This represents a $1.65 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, September 18th. This is a positive change from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.41.

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.