iShares Canadian Select Dividend Index ETF (TSE:XDV) Stock Price Up 1.2% – Still a Buy?
by Danessa Lincoln · The Markets DailyiShares Canadian Select Dividend Index ETF (TSE:XDV – Get Free Report)’s stock price were up 1.2% on Monday . The stock traded as high as C$41.98 and last traded at C$41.87. Approximately 43,263 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 47,214 shares. The stock had previously closed at C$41.36.
iShares Canadian Select Dividend Index ETF Stock Up 1.2%
The company has a fifty day moving average price of C$41.14 and a 200-day moving average price of C$38.75.
iShares Canadian Select Dividend Index ETF Company Profile
The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income. The Index is comprised of 30 of the highest yielding, dividend-paying companies in the Dow Jones Canada Total Market Index, as selected by S&P Dow Jones Indices LLC using a rules-based methodology including an analysis of dividend growth, yield and average payout ratio.