Vanguard FTSE Canada Index ETF (TSE:VCE) Stock Price Down 0.9% – Here’s What Happened

Shares of Vanguard FTSE Canada Index ETF (TSE:VCE) fell 0.9% on Wednesday . The company traded as low as C$74.66 and last traded at C$75.26. Approximately 40,366 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 35,892 shares. The stock had previously closed at C$75.97.

Vanguard FTSE Canada Index ETF Stock Up 0.4%

The firm has a 50 day moving average price of C$74.26 and a 200-day moving average price of C$71.80.

Vanguard FTSE Canada Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were paid a dividend of $0.4095 per share. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, June 19th. This is a positive change from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.38.

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.