iShares Canadian Select Dividend Index ETF (TSE:XDV) Shares Up 0.5% – Here’s What Happened

iShares Canadian Select Dividend Index ETF (TSE:XDV – Get Free Report)’s stock price were up 0.5% during mid-day trading on Friday. The stock traded as high as C$48.22 and last traded at C$48.05. 43,472 shares changed hands during trading, an increase of 25% from the average daily volume of 34,777 shares. The stock had previously closed at C$47.82.

iShares Canadian Select Dividend Index ETF Price Performance

The business’s 50 day moving average is C$47.62 and its two-hundred day moving average is C$46.36.

iShares Canadian Select Dividend Index ETF Company Profile

(Get Free Report)

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income. The Index is comprised of 30 of the highest yielding, dividend-paying companies in the Dow Jones Canada Total Market Index, as selected by S&P Dow Jones Indices LLC using a rules-based methodology including an analysis of dividend growth, yield and average payout ratio.

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