Vanguard S&P 500 Index ETF (TSE:VFV) Reaches New 1-Year High – Time to Buy?

Shares of Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$191.29 and last traded at C$191.29, with a volume of 189150 shares trading hands. The stock had previously closed at C$186.29.

Vanguard S&P 500 Index ETF Stock Up 3.8%

The firm’s fifty day moving average is C$186.39 and its two-hundred day moving average is C$175.02.

About Vanguard S&P 500 Index ETF

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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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