iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Trading 0.2% Higher - Still a Buy?

Key Points

• Shares of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) traded up 0.2%, reaching C$39.41 after closing at C$39.32.
• The ETF has a 50-day moving average of C$38.43 and a 200-day moving average of C$36.65, indicating a steady upward trend in its performance.
• The investment objective of the fund is to replicate the performance of the S&P TSX Canadian Dividend Aristocrats Index using an indexing strategy, while managing expenses.

Shares of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - ) traded up 0.2% during trading on Wednesday . The company traded as high as C$39.42 and last traded at C$39.41. 9,390 shares were traded during mid-day trading, a decline of 42% from the average session volume of 16,193 shares. The stock had previously closed at C$39.32.

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

The stock has a 50 day moving average of C$38.43 and a 200 day moving average of C$36.65.

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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