Vanguard Conservative ETF Portfolio (TSE:VCNS) Shares Up 0.3% – Here’s Why

Vanguard Conservative ETF Portfolio (TSE:VCNS)’s share price shot up 0.3% on Thursday . The stock traded as high as C$31.60 and last traded at C$31.55. 31,126 shares were traded during trading, an increase of 80% from the average session volume of 17,306 shares. The stock had previously closed at C$31.44.

Vanguard Conservative ETF Portfolio Price Performance

The stock has a 50 day moving average of C$31.65 and a 200 day moving average of C$30.90.

Vanguard Conservative ETF Portfolio Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Wednesday, October 8th were given a $0.1762 dividend. The ex-dividend date was Wednesday, October 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.2%.

Vanguard Conservative ETF Portfolio Company Profile

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.