Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Reaches New 12-Month High – Here’s Why

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $240.20 and last traded at $240.20, with a volume of 650 shares trading hands. The stock had previously closed at $239.13.

Vanguard Dividend Appreciation ETF Trading Down 0.6%

The company has a market cap of $110.58 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The stock’s fifty day simple moving average is $234.69 and its 200 day simple moving average is $227.25.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

A number of large investors have recently made changes to their positions in VIG. Scarborough Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter worth approximately $28,000. AG Campbell Advisory LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $30,000. Investment Research & Advisory Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000.

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.