Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 1-Year High – What’s Next?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $234.17 and last traded at $233.75, with a volume of 200106 shares. The stock had previously closed at $233.05.

Vanguard Dividend Appreciation ETF Stock Performance

The stock has a market cap of $108.03 billion, a P/E ratio of 23.32 and a beta of 0.82. The company’s 50 day moving average price is $223.73 and its 200-day moving average price is $223.03.

Hedge Funds Weigh In On Vanguard Dividend Appreciation ETF

Institutional investors have recently added to or reduced their stakes in the stock. Carrera Capital Advisors bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $573,000. MOR Wealth Management LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $1,609,000. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 10.6% in the third quarter. Jones Financial Companies Lllp now owns 1,542,835 shares of the company’s stock worth $332,335,000 after buying an additional 147,254 shares in the last quarter. Asempa Wealth Advisors purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $1,807,000. Finally, Elevatus Welath Management purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $522,000.

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.