iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Reaches New 1-Year High - Here's Why

Key Points

• The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) reached a new **52-week high** of C$40.66 during trading.
• As of the latest trading data, the ETF last traded at **C$40.35**, with a volume of **17,068 shares** exchanged.
• The ETF aims to **replicate the performance** of the S&P TSX Canadian Dividend Aristocrats Index using an **indexing strategy**.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - )'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$40.66 and last traded at C$40.35, with a volume of 17068 shares traded. The stock had previously closed at C$40.51.

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

The business has a 50 day simple moving average of C$39.06 and a 200-day simple moving average of C$37.22.

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

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.

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