The stock of VANGUARD FTSE CDN HIGH DIV YLD INDEX ETF (TSE:VDY) hit a new 52-week high and has $69.12 target or 114.00% above today’s $32.30 share price. The 9 months bullish chart indicates low risk for the $282.67 million company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $69.12 price target is reached, the company will be worth $322.24M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 15,536 shares traded hands. VANGUARD FTSE CDN HIGH DIV YLD INDEX ETF (TSE:VDY) has risen 11.44% since April 15, 2016 and is uptrending. It has outperformed by 7.58% the S&P500.
More notable recent VANGUARD FTSE CDN HIGH DIV YLD INDEX ETF (TSE:VDY) news were published by: Theglobeandmail.com which released: “Five things your dividend ETF isn’t telling you” on July 08, 2014, also Business.Financialpost.com with their article: “Jonathan Chevreau: Why dividend funds are a smart financial move” published on July 14, 2015, Fool.ca published: “Should You Invest in a Dividend ETF or its Top Holdings?” on February 29, 2016. More interesting news about VANGUARD FTSE CDN HIGH DIV YLD INDEX ETF (TSE:VDY) were released by: Theglobeandmail.com and their article: “Exotic dividend ETFs can fall short of the hype” published on October 26, 2012 as well as Theglobeandmail.com‘s news article titled: “Dividend ETFs have their appeal, but don’t dismiss mutual fund rivals” with publication date: November 22, 2014.
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