BMO Canadian Dividend ETF (TSE:ZDV) Sets New 52-Week High – Time to Buy?

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as C$32.54 and last traded at C$32.54, with a volume of 5148 shares changing hands. The stock had previously closed at C$31.98.

BMO Canadian Dividend ETF Stock Up 0.7%

The business’s 50 day simple moving average is C$31.16 and its two-hundred day simple moving average is C$29.43.

About BMO Canadian Dividend ETF

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The ETF seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. To achieve investment objective the investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are held in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF to obtain exposure to the performance of the Index.

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