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iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Trading Down 0.8% - Should You Sell?

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class logo with background

Key Points

  • Shares of the iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) fell by 0.8%, closing at C$40.15 after trading as low as C$40.12.
  • Trading volume was significantly lower, with only 9,068 shares exchanged, a decline of 44% compared to the average volume of 16,267 shares.
  • The ETF aims to replicate the performance of the S&P TSX Canadian Dividend Aristocrats Index through an indexing strategy, utilizing other iShares ETFs and derivatives.
  • Five stocks to consider instead of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class.

Shares of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ - Get Free Report) fell 0.8% during trading on Tuesday . The stock traded as low as C$40.12 and last traded at C$40.15. 9,068 shares were traded during mid-day trading, a decline of 44% from the average session volume of 16,267 shares. The stock had previously closed at C$40.46.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Down 0.8%

The company's 50 day moving average is C$39.14 and its 200 day moving average is C$37.28.

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

(Get Free Report)

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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Should You Invest $1,000 in iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Right Now?

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