Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 1-Year High – Time to Buy?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $238.40 and last traded at $238.33, with a volume of 71263 shares changing hands. The stock had previously closed at $236.46.

Vanguard Dividend Appreciation ETF Price Performance

The firm has a 50-day moving average of $232.06 and a 200-day moving average of $225.84. The stock has a market cap of $110.28 billion, a PE ratio of 23.32 and a beta of 0.82.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Institutional investors have recently added to or reduced their stakes in the stock. Scarborough Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter worth $28,000. AG Campbell Advisory LLC purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $30,000. Investment Research & Advisory Group Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $31,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth $31,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth $31,000.

About Vanguard Dividend Appreciation ETF

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.