Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sets New 12-Month High – Should You Buy?

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $99.92 and last traded at $99.8750, with a volume of 72956 shares changing hands. The stock had previously closed at $98.20.

Vanguard International Dividend Appreciation ETF Stock Down 0.4%

The company has a market cap of $9.28 billion, a PE ratio of 21.41 and a beta of 0.70. The firm’s 50-day moving average is $96.90 and its 200-day moving average is $93.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Vanguard International Dividend Appreciation ETF by 199.9% in the second quarter. JPMorgan Chase & Co. now owns 38,621 shares of the company’s stock worth $3,481,000 after purchasing an additional 25,742 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Vanguard International Dividend Appreciation ETF by 20,535.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 19,191 shares of the company’s stock worth $1,729,000 after buying an additional 19,098 shares during the period. HUB Investment Partners LLC grew its position in shares of Vanguard International Dividend Appreciation ETF by 16.2% in the 2nd quarter. HUB Investment Partners LLC now owns 8,942 shares of the company’s stock worth $806,000 after buying an additional 1,247 shares during the period. Peapack Gladstone Financial Corp lifted its position in Vanguard International Dividend Appreciation ETF by 566.3% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 54,697 shares of the company’s stock valued at $4,929,000 after acquiring an additional 46,488 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in Vanguard International Dividend Appreciation ETF during the 2nd quarter valued at about $202,000.

Vanguard International Dividend Appreciation ETF Company Profile

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.