BMO Canadian Dividend ETF (TSE:ZDV) Sets New 52-Week High – Time to Buy?
by Michael Walen · The Markets DailyBMO Canadian Dividend ETF (TSE:ZDV – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as C$32.54 and last traded at C$32.54, with a volume of 5148 shares changing hands. The stock had previously closed at C$31.98.
BMO Canadian Dividend ETF Trading Up 0.7%
The business’s 50-day moving average is C$31.16 and its two-hundred day moving average is C$29.43.
About BMO Canadian Dividend ETF
The ETF seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. To achieve investment objective the investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are held in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF to obtain exposure to the performance of the Index.