Vanguard Conservative ETF Portfolio (TSE:VCNS) Stock Breaks Above Two Hundred Day Moving Average – What’s Next?

Vanguard Conservative ETF Portfolio (TSE:VCNS)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$32.44 and traded as high as C$32.53. Vanguard Conservative ETF Portfolio shares last traded at C$32.47, with a volume of 47,235 shares changing hands.

Vanguard Conservative ETF Portfolio Stock Up 0.4%

The firm’s 50 day moving average is C$32.63 and its 200-day moving average is C$32.44.

Vanguard Conservative ETF Portfolio Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, October 8th were paid a dividend of $0.1905 per share. This is a drop from Vanguard Conservative ETF Portfolio’s previous quarterly dividend of $0.2038. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.76 annualized dividend and a yield of 2.3%.

About Vanguard Conservative ETF Portfolio

Vanguard Conservative ETF Portfolio (the ETF) seeks to provide a combination of income and moderate long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub advisor will strive to maintain a long term strategic asset allocation of equity (approximately 40%) and fixed income (approximately 60%) securities.