The **Vanguard U.S. Total Market Index ETF (CAD-hedged)**, traded on the Toronto Stock Exchange under the symbol **TSE: VUS**, experienced a notable increase of **0.8%** on **March 25, 2024**. The ETF reached a peak price of **C$118.14** during the trading session, ultimately closing at **C$117.81**. This marks an upward shift from its previous close of **C$116.89**.
On the trading floor, a total of **9,940 shares** exchanged hands, reflecting a significant **43%** drop from the average session volume of **17,555 shares**. The lower trading volume could indicate reduced investor activity compared to previous sessions, despite the positive price movement.
Price Trends and Moving Averages
The performance of the Vanguard U.S. Total Market Index ETF is currently guided by its moving averages. Over the past **50 days**, the simple moving average stands at **C$116.50**, while the **200-day** moving average is recorded at **C$112.97**. These figures suggest that the ETF has been trending positively in the short term, as it is trading above both its **50-day** and **200-day** averages.
The primary objective of the Vanguard U.S. Total Market Index ETF (CAD-hedged) is to closely track the performance of the **CRSP US Total Market Index** in a manner that accounts for currency hedging. This investment strategy relies on a passive management approach, primarily investing in a U.S.-domiciled fund managed by **The Vanguard Group, Inc.**.
Investors often look to the ETF for broad exposure to the U.S. equity market, given its composition that includes a vast array of U.S. companies. With its focus on indexing, the ETF aims to deliver returns that reflect the overall market performance, making it an appealing option for diversified investment portfolios.
As market conditions continue to evolve, stakeholders will be closely monitoring the Vanguard U.S. Total Market Index ETF for any further price movements and trading volume changes. The current upward trend signals potential interest from investors, suggesting that the ETF may remain a focal point in the investment community.
