Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 1-Year High – Should You Buy?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $224.73 and last traded at $224.2430, with a volume of 211672 shares changing hands. The stock had previously closed at $223.22.

Vanguard Dividend Appreciation ETF Stock Performance

The stock has a 50-day moving average of $219.84 and a 200 day moving average of $214.39. The firm has a market capitalization of $104.28 billion, a P/E ratio of 23.32 and a beta of 0.85.

Institutional Trading of Vanguard Dividend Appreciation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC grew its holdings in Vanguard Dividend Appreciation ETF by 20,718.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after acquiring an additional 35,380,815 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 0.7% during the third quarter. Vanguard Group Inc. now owns 10,560,061 shares of the company’s stock worth $2,278,756,000 after purchasing an additional 76,924 shares in the last quarter. Wealthfront Advisers LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 5.5% during the third quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock valued at $2,069,881,000 after purchasing an additional 502,464 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. HB Wealth Management LLC now owns 5,511,314 shares of the company’s stock valued at $1,177,196,000 after purchasing an additional 295,707 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in Vanguard Dividend Appreciation ETF by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after purchasing an additional 34,896 shares during the last quarter.

Vanguard Dividend Appreciation ETF Company Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.