iShares Canadian Select Dividend Index ETF (TSE:XDV) Sets New 1-Year High – Here’s Why

iShares Canadian Select Dividend Index ETF (TSE:XDVGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$38.45 and last traded at C$38.36, with a volume of 30927 shares trading hands. The stock had previously closed at C$38.19.

iShares Canadian Select Dividend Index ETF Price Performance

The company’s 50 day moving average is C$37.06 and its two-hundred day moving average is C$35.43.

About iShares Canadian Select Dividend Index ETF

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The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income.

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