iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Stock Price Down 0.1% - What's Next?

Key Points

• TSE:CDZ traded down 0.1%, last at C$43.62 after touching a low of C$43.40, with 18,893 shares changing hands (about 4% above average volume).
• The ETF's 50-day moving average is C$43.17 and its 200-day moving average is C$41.45, placing the current price slightly above the short-term trend and well above the long-term trend.
• The fund aims to replicate the S&P/TSX Canadian Dividend Aristocrats Index net of expenses, using an indexing strategy that may employ other iShares ETFs, derivatives, or sampling to track the index.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - )'s share price traded down 0.1% on Tuesday . The stock traded as low as C$43.40 and last traded at C$43.62. 18,893 shares changed hands during trading, an increase of 4% from the average session volume of 18,210 shares. The stock had previously closed at C$43.65.

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

The company has a 50 day moving average price of C$43.17 and a 200 day moving average price of C$41.45.

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

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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