Vanguard FTSE Canada All Cap Index ETF (TSE:VCN) Sets New 52-Week High – Here’s Why

Vanguard FTSE Canada All Cap Index ETF (TSE:VCN) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$68.72 and last traded at C$68.38, with a volume of 66377 shares changing hands. The stock had previously closed at C$68.34.

Vanguard FTSE Canada All Cap Index ETF Stock Up 0.6%

The company’s fifty day simple moving average is C$66.17 and its two-hundred day simple moving average is C$62.67.

Vanguard FTSE Canada All Cap Index ETF Company Profile

The investment objective of Vanguard FTSE Canada All Cap Index ETF the ETF is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada All Cap Domestic Index the Index or the Benchmark. The Index is a market capitalization-weighted index representing the performance of Canadian large, midand small capitalization companies. 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.