Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Hits New 1-Year High – Should You Buy?

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) shares reached a new 52-week high on Wednesday . The stock traded as high as $98.80 and last traded at $98.75, with a volume of 21048 shares changing hands. The stock had previously closed at $97.86.

Vanguard International Dividend Appreciation ETF Price Performance

The stock’s 50-day moving average is $94.48 and its two-hundred day moving average is $93.01. The company has a market cap of $9.22 billion, a P/E ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.5337 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VIGI. Morgan Stanley grew its position in Vanguard International Dividend Appreciation ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock valued at $621,244,000 after buying an additional 200,374 shares during the period. EP Wealth Advisors LLC bought a new position in Vanguard International Dividend Appreciation ETF in the fourth quarter worth approximately $597,457,000. Bank of America Corp DE raised its position in Vanguard International Dividend Appreciation ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 3,834,792 shares of the company’s stock worth $343,482,000 after acquiring an additional 86,461 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Vanguard International Dividend Appreciation ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,035,841 shares of the company’s stock worth $186,178,000 after acquiring an additional 105,177 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Vanguard International Dividend Appreciation ETF by 1.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,307,254 shares of the company’s stock worth $119,548,000 after acquiring an additional 19,307 shares during the last quarter.

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.