iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZ) Shares Down 1% – Here’s Why

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class (TSE:CDZGet Free Report) shares dropped 1% during trading on Wednesday . The stock traded as low as C$46.67 and last traded at C$46.67. 21,874 shares changed hands during trading, an increase of 15% from the average daily volume of 19,084 shares. The stock had previously closed at C$47.15.

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Common Class Stock Down 1.0%

The stock has a 50 day simple moving average of C$46.45 and a two-hundred day simple moving average of C$44.47.

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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