Vanguard FTSE Canadian High Dividend Yield Index ETF (TSE:VDY) Trading Up 0.7% – What’s Next?

Vanguard FTSE Canadian High Dividend Yield Index ETF (TSE:VDY) shot up 0.7% on Thursday . The company traded as high as C$77.52 and last traded at C$77.42. 152,382 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 239,182 shares. The stock had previously closed at C$76.85.

Vanguard FTSE Canadian High Dividend Yield Index ETF Stock Down 0.3%

The firm has a fifty day moving average price of C$77.64 and a 200-day moving average price of C$73.37.

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.