Vanguard FTSE Canadian High Dividend Yield Index ETF (TSE:VDY) Shares Up 0.4% – Here’s Why

Vanguard FTSE Canadian High Dividend Yield Index ETF (TSE:VDY) shares traded up 0.4% during mid-day trading on Thursday. The stock traded as high as C$74.97 and last traded at C$74.63. 188,888 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 236,267 shares. The stock had previously closed at C$74.30.

Vanguard FTSE Canadian High Dividend Yield Index ETF Price Performance

The business has a 50 day simple moving average of C$76.91 and a 200 day simple moving average of C$74.35.

About Vanguard FTSE Canadian High Dividend Yield Index ETF

The investment objective of Vanguard FTSE Canadian High Dividend Yield Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Canada High Dividend Yield Index (the Index or the Benchmark). The Index is a market capitalization-weighted index that is focused on dividend income. Index constituents are selected from the FTSE Canada All Cap Index. 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.