Vanguard FTSE Canada Index ETF (TSE:VCE) Sets New 52-Week High – Time to Buy?

Vanguard FTSE Canada Index ETF (TSE:VCE)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$69.33 and last traded at C$69.16, with a volume of 13331 shares trading hands. The stock had previously closed at C$69.22.

Vanguard FTSE Canada Index ETF Price Performance

The stock has a 50 day moving average price of C$66.38 and a two-hundred day moving average price of C$63.03.

Vanguard FTSE Canada Index ETF Company Profile

The investment objective of Vanguard FTSE Canada Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada Domestic Index (the Index). The Index is a market capitalization-weighted index representing the performance of Canadian large- and mid-capitalization stocks. 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 all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.