Vanguard FTSE Canada Index ETF (TSE:VCE) Shares Up 1.4% – Here’s What Happened

Vanguard FTSE Canada Index ETF (TSE:VCE) shares rose 1.4% on Thursday . The stock traded as high as C$74.89 and last traded at C$74.72. Approximately 31,469 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 37,579 shares. The stock had previously closed at C$73.72.

Vanguard FTSE Canada Index ETF Price Performance

The company’s 50-day simple moving average is C$72.97 and its two-hundred day simple moving average is C$70.71.

Vanguard FTSE Canada Index ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 27th were given a dividend of $0.3773 per share. This represents a $1.51 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, March 20th.

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.