iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Reaches New 52-Week 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$38.84 during trading, indicating strong performance.
• The ETF aims to replicate the performance of the S&P TSX Canadian Dividend Aristocrats Index, focusing on providing investors with exposure to high-quality dividend-paying companies.
• Despite the recent high, the ETF's stock traded down 0.1% from the previous close, which was C$38.74.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - )'s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$38.84 and last traded at C$38.84, with a volume of 3760 shares. The stock had previously closed at C$38.74.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Trading Down 0.1%

The firm has a fifty day simple moving average of C$37.75 and a two-hundred day simple moving average of C$36.21.

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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