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

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) shares hit a new 52-week high on Tuesday . The stock traded as high as $242.67 and last traded at $242.67, with a volume of 517274 shares traded. The stock had previously closed at $240.15.

Vanguard Dividend Appreciation ETF Trading Down 0.1%

The firm has a market cap of $113.59 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81. The company has a fifty day moving average price of $236.97 and a 200-day moving average price of $228.80.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VIG. LifeGoal Investments LLC boosted its position in Vanguard Dividend Appreciation ETF by 1.5% in the second quarter. LifeGoal Investments LLC now owns 2,858 shares of the company’s stock valued at $676,000 after buying an additional 43 shares during the last quarter. Davis Capital Management lifted its stake in Vanguard Dividend Appreciation ETF by 15.8% during the 2nd quarter. Davis Capital Management now owns 322 shares of the company’s stock valued at $76,000 after acquiring an additional 44 shares during the period. Salomon & Ludwin LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 4.3% in the 4th quarter. Salomon & Ludwin LLC now owns 1,084 shares of the company’s stock valued at $241,000 after acquiring an additional 45 shares during the last quarter. Rather & Kittrell Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% in the 4th quarter. Rather & Kittrell Inc. now owns 1,206 shares of the company’s stock valued at $265,000 after acquiring an additional 45 shares during the last quarter. Finally, OMNI 360 Wealth Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% in the fourth quarter. OMNI 360 Wealth Inc. now owns 3,762 shares of the company’s stock worth $845,000 after acquiring an additional 45 shares during the period.

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.