Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Reaches New 12-Month High – What’s Next?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $245.73 and last traded at $245.51, with a volume of 196161 shares traded. The stock had previously closed at $245.23.

Vanguard Dividend Appreciation ETF Stock Up 0.1%

The company has a 50-day moving average of $237.39 and a 200 day moving average of $229.07. The stock has a market capitalization of $114.23 billion, a PE ratio of 23.32 and a beta of 0.81.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlatl Advisers LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $27,000. Scarborough Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $28,000. AG Campbell Advisory LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $30,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $31,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $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.