Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw unusually-high trading volume on Tuesday . Approximately 469,533 shares traded hands during mid-day trading, an increase of 98% from the previous session’s volume of 237,567 shares.The stock last traded at $83.31 and had previously closed at $83.72.

Vanguard International Dividend Appreciation ETF Stock Performance

The company’s fifty day moving average price is $82.67 and its 200-day moving average price is $84.05. The stock has a market cap of $7.33 billion, a P/E ratio of 22.54 and a beta of 0.77.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were issued a dividend of $0.2619 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.05 dividend on an annualized basis and a yield of 1.26%.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VIGI. US Bancorp DE increased its position in Vanguard International Dividend Appreciation ETF by 5.6% during the 3rd quarter. US Bancorp DE now owns 3,323 shares of the company’s stock valued at $293,000 after purchasing an additional 175 shares during the period. QRG Capital Management Inc. purchased a new position in shares of Vanguard International Dividend Appreciation ETF in the 3rd quarter worth approximately $215,000. Prime Capital Investment Advisors LLC grew its position in shares of Vanguard International Dividend Appreciation ETF by 10.9% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 3,563 shares of the company’s stock worth $315,000 after buying an additional 351 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Vanguard International Dividend Appreciation ETF by 1,885.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 28,389 shares of the company’s stock worth $2,506,000 after buying an additional 26,959 shares during the last quarter. Finally, Moser Wealth Advisors LLC grew its position in shares of Vanguard International Dividend Appreciation ETF by 14.2% in the 3rd quarter. Moser Wealth Advisors LLC now owns 6,558 shares of the company’s stock worth $579,000 after buying an additional 814 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.