Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Reaches New 1-Year High – Here’s Why

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high on Monday . The stock traded as high as $237.47 and last traded at $237.03, with a volume of 92882 shares. The stock had previously closed at $235.73.

Vanguard Dividend Appreciation ETF Stock Up 0.7%

The company has a fifty day moving average of $228.50 and a two-hundred day moving average of $224.56. The stock has a market capitalization of $109.50 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Several hedge funds have recently modified their holdings of VIG. Salomon & Ludwin LLC raised its position in Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. Salomon & Ludwin LLC now owns 1,084 shares of the company’s stock worth $241,000 after acquiring an additional 45 shares in the last quarter. Rather & Kittrell Inc. raised its position in Vanguard Dividend Appreciation ETF by 3.9% in the fourth quarter. Rather & Kittrell Inc. now owns 1,206 shares of the company’s stock worth $265,000 after acquiring an additional 45 shares in the last quarter. OMNI 360 Wealth Inc. raised its position in Vanguard Dividend Appreciation ETF by 1.2% in the fourth quarter. OMNI 360 Wealth Inc. now owns 3,762 shares of the company’s stock worth $845,000 after acquiring an additional 45 shares in the last quarter. Essex LLC raised its position in Vanguard Dividend Appreciation ETF by 0.8% in the fourth quarter. Essex LLC now owns 5,915 shares of the company’s stock worth $1,300,000 after acquiring an additional 46 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its position in Vanguard Dividend Appreciation ETF by 0.7% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 6,451 shares of the company’s stock worth $1,418,000 after acquiring an additional 46 shares in the last quarter.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.