iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Shares Up 0.2% - Should You Buy?

Key Points

• The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSE:CDZ) saw a 0.2% increase in trading, reaching C$38.83, after previously closing at C$38.77.
• Trading volume was significantly lower, with only 5,678 shares exchanged, a decrease of 65% from the average of 16,431 shares.
• The ETF's investment objective is 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 - Get Free Report) traded up 0.2% during trading on Tuesday . The company traded as high as C$38.92 and last traded at C$38.83. 5,678 shares traded hands during trading, a decline of 65% from the average session volume of 16,431 shares. The stock had previously closed at C$38.77.

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

The stock has a fifty day moving average price of C$37.94 and a 200 day moving average price of C$36.32.

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.