Vanguard S&P 500 Index ETF (TSE:VFV) Sets New 52-Week High – Here’s Why
by Tristan Rich · The Markets DailyVanguard S&P 500 Index ETF (TSE:VFV – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$194.25 and last traded at C$194.22, with a volume of 47462 shares traded. The stock had previously closed at C$193.63.
Vanguard S&P 500 Index ETF Price Performance
The stock’s 50 day moving average is C$188.62 and its two-hundred day moving average is C$180.46.
About Vanguard S&P 500 Index ETF
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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