Vanguard S&P 500 Index ETF (TSE:VFV) Reaches New 12-Month High – Here’s Why

Shares of Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$171.77 and last traded at C$171.75, with a volume of 214405 shares trading hands. The stock had previously closed at C$170.17.

Vanguard S&P 500 Index ETF Trading Up 1.0%

The company has a fifty day moving average price of C$168.28 and a two-hundred day moving average price of C$162.38.

About Vanguard S&P 500 Index ETF

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The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. 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 primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.

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