iShares Canadian Select Dividend Index ETF (TSE:XDV) Stock Price Up 0.5% – Should You Buy?

iShares Canadian Select Dividend Index ETF (TSE:XDVGet Free Report)’s share price shot up 0.5% during mid-day trading on Monday . The stock traded as high as C$33.20 and last traded at C$33.17. 21,850 shares traded hands during trading, a decline of 56% from the average session volume of 49,663 shares. The stock had previously closed at C$33.00.

iShares Canadian Select Dividend Index ETF Stock Performance

The company’s 50-day moving average is C$31.58 and its 200-day moving average is C$31.85.

About iShares Canadian Select Dividend Index ETF

(Get Free Report)

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income.

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