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

Shares of Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) hit a new 52-week high during trading on Thursday . The company traded as high as $99.71 and last traded at $99.68, with a volume of 26301 shares trading hands. The stock had previously closed at $99.32.

Vanguard International Dividend Appreciation ETF Price Performance

The company has a fifty day moving average price of $95.10 and a two-hundred day moving average price of $93.26. The company has a market capitalization of $9.29 billion, a P/E ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.5337 per share. This represents a $2.13 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, June 18th.

Hedge Funds Weigh In On Vanguard International Dividend Appreciation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIGI. JPMorgan Chase & Co. grew its stake in shares of Vanguard International Dividend Appreciation ETF by 199.9% in the second quarter. JPMorgan Chase & Co. now owns 38,621 shares of the company’s stock worth $3,481,000 after purchasing an additional 25,742 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in Vanguard International Dividend Appreciation ETF by 20,535.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 19,191 shares of the company’s stock worth $1,729,000 after buying an additional 19,098 shares during the period. HUB Investment Partners LLC grew its position in shares of Vanguard International Dividend Appreciation ETF by 16.2% in the 2nd quarter. HUB Investment Partners LLC now owns 8,942 shares of the company’s stock valued at $806,000 after buying an additional 1,247 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in shares of Vanguard International Dividend Appreciation ETF by 566.3% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 54,697 shares of the company’s stock valued at $4,929,000 after buying an additional 46,488 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Vanguard International Dividend Appreciation ETF in the second quarter valued at about $202,000.

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.