Vanguard S&P 500 Index ETF (TSE:VFV) Reaches New 52-Week High – Should You Buy?

Vanguard S&P 500 Index ETF (TSE:VFV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$174.00 and last traded at C$173.07, with a volume of 88699 shares traded. The stock had previously closed at C$173.20.

Vanguard S&P 500 Index ETF Trading Up 0.4%

The company’s 50-day simple moving average is C$165.79 and its 200 day simple moving average is C$167.29.

Vanguard S&P 500 Index ETF Company Profile

The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. 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 primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.