Vanguard FTSE Canada Index ETF (TSE:VCE) Trading Down 1.2% – Should You Sell?

Vanguard FTSE Canada Index ETF (TSE:VCE) shares fell 1.2% on Thursday . The company traded as low as C$67.99 and last traded at C$68.47. 40,428 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 40,992 shares. The stock had previously closed at C$69.30.

Vanguard FTSE Canada Index ETF Stock Performance

The business has a 50 day simple moving average of C$70.49 and a 200-day simple moving average of C$67.56.

Vanguard FTSE Canada Index ETF Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 27th will be paid a dividend of $0.3773 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $1.51 annualized dividend and a yield of 2.3%.

Vanguard FTSE Canada Index ETF Company Profile

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.