Vanguard Conservative ETF Portfolio (TSE:VCNS) Trading 0.2% Higher – Here’s Why

Vanguard Conservative ETF Portfolio (TSE:VCNS)’s share price rose 0.2% during trading on Wednesday . The stock traded as high as C$33.11 and last traded at C$33.07. 25,677 shares were traded during mid-day trading, a decline of 36% from the average session volume of 40,069 shares. The stock had previously closed at C$33.00.

Vanguard Conservative ETF Portfolio Price Performance

The stock has a 50-day simple moving average of C$32.94 and a 200-day simple moving average of C$32.35.

Vanguard Conservative ETF Portfolio Increases Dividend

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

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.