Vanguard Conservative ETF Portfolio (TSE:VCNS) Shares Climb 0.2% – Still a Buy?

Vanguard Conservative ETF Portfolio (TSE:VCNS)’s share price was up 0.2% during mid-day trading on Tuesday. The stock traded as high as C$32.60 and last traded at C$32.51. 23,315 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 37,489 shares. The stock had previously closed at C$32.45.

Vanguard Conservative ETF Portfolio Trading Down 0.2%

The business’s 50 day simple moving average is C$32.75 and its 200 day simple moving average is C$32.67.

Vanguard Conservative ETF Portfolio Cuts Dividend

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

Vanguard Conservative ETF Portfolio Company Profile

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.