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$39.39, with a trading volume of 2820 shares.
• The stock is currently trading at a 0.2% increase from its previous close of C$39.32, indicating a positive market movement.
• The investment objective of the ETF is to replicate the performance of the S&P TSX Canadian Dividend Aristocrats Index using an indexing strategy to minimize expenses.

Shares of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - ) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$39.39 and last traded at C$39.39, with a volume of 2820 shares trading hands. The stock had previously closed at C$39.32.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Up 0.2%

The stock has a fifty day simple moving average of C$38.39 and a 200 day simple moving average of C$36.64.

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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