Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sets New 12-Month High – What’s Next?

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) shares reached a new 52-week high on Thursday . The company traded as high as $99.71 and last traded at $99.68, with a volume of 26301 shares traded. The stock had previously closed at $99.32.

Vanguard International Dividend Appreciation ETF Price Performance

The stock’s 50-day moving average price is $95.10 and its 200-day moving average price is $93.26. The company has a market cap of $9.29 billion, a P/E ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.5337 dividend. The ex-dividend date was Thursday, June 18th. This represents a $2.13 annualized dividend and a yield of 2.1%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VIGI. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard International Dividend Appreciation ETF in the 4th quarter valued at $597,457,000. Raymond James Financial Inc. increased its stake in shares of Vanguard International Dividend Appreciation ETF by 25.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,046,684 shares of the company’s stock valued at $94,327,000 after purchasing an additional 209,820 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 5.8% during the 2nd quarter. Bank of America Corp DE now owns 3,748,331 shares of the company’s stock worth $337,800,000 after buying an additional 206,850 shares in the last quarter. Morgan Stanley raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 3.0% during the 4th quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock worth $621,244,000 after buying an additional 200,374 shares in the last quarter. Finally, Rothschild Wealth LLC lifted its position in shares of Vanguard International Dividend Appreciation ETF by 3,512.3% during the 4th quarter. Rothschild Wealth LLC now owns 118,049 shares of the company’s stock worth $10,796,000 after buying an additional 114,781 shares during the last quarter.

About Vanguard International Dividend Appreciation ETF

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.