Vanguard Conservative ETF Portfolio (TSE:VCNS) Trading Up 0.6% – Still a Buy?

Vanguard Conservative ETF Portfolio (TSE:VCNS) shot up 0.6% during mid-day trading on Tuesday . The company traded as high as C$32.81 and last traded at C$32.80. Approximately 20,163 shares traded hands during trading, a decline of 51% from the average session volume of 41,466 shares. The stock had previously closed at C$32.62.

Vanguard Conservative ETF Portfolio Price Performance

The firm’s 50-day simple moving average is C$32.88 and its 200 day simple moving average is C$32.24.

Vanguard Conservative ETF Portfolio Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.2038 per share. This represents a $0.82 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, July 2nd. This is an increase from Vanguard Conservative ETF Portfolio’s previous quarterly dividend of $0.20.

About Vanguard Conservative ETF Portfolio

Vanguard Conservative ETF Portfolio (the ETF) seeks to provide a combination of income and moderate long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub advisor will strive to maintain a long term strategic asset allocation of equity (approximately 40%) and fixed income (approximately 60%) securities.