Vanguard U.S. Total Market Index ETF (CAD-hedged) (TSE:VUS) Sets New 12-Month High - Still a Buy?

Key Points

• VUS hit a new 52-week high, trading as high as C$121.96 (last C$121.96) on Thursday and was up about 1.2% with 4,471 shares changing hands.
• The ETF is trading above both its 50-day (C$115.79) and 200-day (C$116.51) moving averages, suggesting recent upward momentum.
• The fund is a CAD-hedged Vanguard product that passively tracks the CRSP US Total Market Index by investing in a U.S.-domiciled Vanguard fund.

Vanguard U.S. Total Market Index ETF (CAD-hedged) (TSE:VUS - ) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$121.96 and last traded at C$121.96, with a volume of 4471 shares trading hands. The stock had previously closed at C$120.65.

Vanguard U.S. Total Market Index ETF (CAD-hedged) Trading Up 1.2%

The business has a 50-day moving average of C$115.79 and a 200-day moving average of C$116.51.

About Vanguard U.S. Total Market Index ETF (CAD-hedged)

The investment objective of Vanguard U.S. Total Market Index ETF CAD-hedged the ETF is to track, to the extent reasonably possible and before fees and expenses, the performance of the CRSP US Total Market Index CAD-hedged the Index. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S. domiciled fund managed by The Vanguard Group, Inc U.S. domiciled Vanguard Fund, that seeks to track the CRSP US Total Market Index.

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