Free Trial

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Hits New 52-Week High - Here's Why

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class logo with background

Key Points

  • The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) reached a new 52-week high, trading at C$39.67 during the session with a volume of 21,793 shares.
  • The stock's 50-day moving average is C$38.54, while its 200-day moving average stands at C$36.76, indicating positive momentum in its performance.
  • The ETF aims to replicate the performance of the S&P TSX Canadian Dividend Aristocrats Index using an indexing strategy, which includes direct investment in iShares ETFs and/or derivatives.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$39.67 and last traded at C$39.63, with a volume of 21793 shares traded. The stock had previously closed at C$39.63.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Performance

The business's 50 day moving average is C$38.54 and its 200 day moving average is C$36.76.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Company Profile

(Get Free Report)

The investment objective of the Fund is to replicate, to the extent possible, the performance of the S&P TSX Canadian Dividend Aristocrats Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Right Now?

Before you consider iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class wasn't on the list.

While iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.