Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 12-Month High – Here’s Why

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during trading on Friday . The company traded as high as $240.20 and last traded at $240.20, with a volume of 650 shares trading hands. The stock had previously closed at $239.13.

Vanguard Dividend Appreciation ETF Stock Performance

The business has a 50-day moving average of $234.50 and a 200 day moving average of $227.17. The stock has a market cap of $110.72 billion, a PE ratio of 23.32 and a beta of 0.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VIG. Carrera Capital Advisors bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $573,000. MOR Wealth Management LLC bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $1,609,000. Elevatus Welath Management bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $522,000. Asempa Wealth Advisors bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $1,807,000. Finally, Amara Financial LLC. grew its holdings in Vanguard Dividend Appreciation ETF by 8.7% during the fourth quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock worth $21,529,000 after acquiring an additional 7,858 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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.