Vanguard FTSE Canada Index ETF (TSE:VCE) Sets New 1-Year High – Here’s What Happened

Vanguard FTSE Canada Index ETF (TSE:VCE)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$77.06 and last traded at C$76.98, with a volume of 9744 shares traded. The stock had previously closed at C$76.82.

Vanguard FTSE Canada Index ETF Price Performance

The stock’s fifty day moving average is C$75.30 and its two-hundred day moving average is C$72.52.

Vanguard FTSE Canada Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were issued a dividend of $0.4095 per share. The ex-dividend date of this dividend was Friday, June 19th. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. This is an increase from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.38.

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.