BMO Canadian Dividend ETF (TSE:ZDV) Trading 1.2% Higher – Here’s What Happened

BMO Canadian Dividend ETF (TSE:ZDV)’s stock price rose 1.2% during trading on Monday . The stock traded as high as C$29.44 and last traded at C$29.31. Approximately 102,793 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 62,646 shares. The stock had previously closed at C$28.97.

BMO Canadian Dividend ETF Trading Up 1.2%

The business has a 50 day simple moving average of C$29.29 and a two-hundred day simple moving average of C$27.44.

BMO Canadian Dividend ETF Company Profile

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.