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

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high on Tuesday . The company traded as high as $201.85 and last traded at $201.47, with a volume of 177035 shares traded. The stock had previously closed at $201.32.

Vanguard Dividend Appreciation ETF Stock Performance

The firm has a market cap of $86.94 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The business has a fifty day simple moving average of $194.66 and a 200-day simple moving average of $186.37.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VIG. Sloy Dahl & Holst LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.1% during the third quarter. Sloy Dahl & Holst LLC now owns 34,399 shares of the company’s stock worth $6,813,000 after purchasing an additional 372 shares during the period. ERTS Wealth Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter worth $371,000. Claro Advisors LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 10.6% during the 3rd quarter. Claro Advisors LLC now owns 3,937 shares of the company’s stock worth $780,000 after buying an additional 376 shares during the period. Cordant Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $64,000. Finally, Onyx Bridge Wealth Group LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% in the third quarter. Onyx Bridge Wealth Group LLC now owns 82,093 shares of the company’s stock valued at $16,259,000 after buying an additional 308 shares during the period.

Vanguard Dividend Appreciation ETF Company Profile

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.