iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Shares Up 1.3% – Here’s Why

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) shares shot up 1.3% on Monday . The stock traded as high as C$42.97 and last traded at C$42.82. 8,918 shares changed hands during trading, a decline of 53% from the average session volume of 18,813 shares. The stock had previously closed at C$42.27.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Performance

The business’s 50 day simple moving average is C$42.76 and its 200-day simple moving average is C$41.07.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Company Profile

The investment objective of the Fund is to replicate, to the extent possible, the performance of the S&P TSX Canadian Dividend Aristocrats Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.