iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Hits New 52-Week High – Here’s Why

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$43.75 and last traded at C$43.65, with a volume of 7045 shares traded. The stock had previously closed at C$43.66.

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

The stock has a 50 day moving average price of C$41.75 and a two-hundred day moving average price of C$40.40.

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.