Vanguard S&P 500 Index ETF (TSE:VFV) Hits New 12-Month High – Here’s Why

Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$189.55 and last traded at C$189.39, with a volume of 59024 shares. The stock had previously closed at C$188.36.

Vanguard S&P 500 Index ETF Stock Down 0.3%

The firm’s 50 day simple moving average is C$179.48 and its two-hundred day simple moving average is C$170.97.

Vanguard S&P 500 Index ETF Company Profile

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The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. 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 primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.

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