Vanguard S&P 500 Index ETF (TSE:VFV) Hits New 12-Month High – Time to Buy?

Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$180.11 and last traded at C$179.89, with a volume of 232377 shares changing hands. The stock had previously closed at C$179.42.

Vanguard S&P 500 Index ETF Price Performance

The firm has a 50-day simple moving average of C$166.97 and a two-hundred day simple moving average of C$167.79.

Vanguard S&P 500 Index ETF Company Profile

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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.

Further Reading

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