Vanguard FTSE Canada Index ETF (TSE:VCE) Sets New 1-Year High – Time to Buy?

Shares of Vanguard FTSE Canada Index ETF (TSE:VCE) reached a new 52-week high during trading on Friday . The company traded as high as C$68.63 and last traded at C$68.63, with a volume of 6912 shares traded. The stock had previously closed at C$67.99.

Vanguard FTSE Canada Index ETF Stock Performance

The firm’s 50-day moving average is C$66.06 and its two-hundred day moving average is C$62.69.

Vanguard FTSE Canada Index ETF Company Profile

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.