Vanguard FTSE Canadian Capped REIT Index ETF (TSE:VRE) Stock Price Up 2% – Here’s What Happened

Shares of Vanguard FTSE Canadian Capped REIT Index ETF (TSE:VRE) rose 2% on Wednesday . The company traded as high as C$31.79 and last traded at C$31.75. Approximately 55,499 shares were traded during trading, an increase of 533% from the average daily volume of 8,768 shares. The stock had previously closed at C$31.13.

Vanguard FTSE Canadian Capped REIT Index ETF Stock Up 2.0%

The business’s 50 day moving average is C$31.66 and its 200-day moving average is C$32.22.

Vanguard FTSE Canadian Capped REIT Index ETF Company Profile

The investment objective of Vanguard FTSE Canadian Capped REIT Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Canada All Cap Real Estate Capped 25% Index (the Index or the Benchmark). The Index is a market capitalization-weighted index that aims to capture the performance of the publicly traded Canadian real estate sector. It is composed of securities of Canadian real estate sector issuers selected from the FTSE Canada All Cap Index, and each constituent issuers weight in the Index is capped at 25%.