Vanguard FTSE Canada Index ETF (TSE:VCE) Share Price Breaks Below 50 Day Moving Average – Here’s What Happened

Vanguard FTSE Canada Index ETF (TSE:VCE)’s share price crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$77.40 and traded as low as C$76.90. Vanguard FTSE Canada Index ETF shares last traded at C$77.03, with a volume of 77,934 shares trading hands.

Vanguard FTSE Canada Index ETF Stock Performance

The firm has a fifty day simple moving average of C$77.40 and a two-hundred day simple moving average of C$74.28.

Vanguard FTSE Canada Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 25th were issued a dividend of $0.4137 per share. This is a positive change from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.4095. The ex-dividend date of this dividend was Friday, September 18th. This represents a $1.65 annualized dividend and a dividend yield of 2.1%.

About Vanguard FTSE Canada Index ETF

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.