Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 1-Year High – Time to Buy?

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $198.68 and last traded at $198.68, with a volume of 212317 shares changing hands. The stock had previously closed at $196.82.

Vanguard Dividend Appreciation ETF Stock Performance

The stock’s 50-day moving average price is $193.28 and its 200-day moving average price is $185.81. The company has a market capitalization of $86.36 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VIG. Family Firm Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth $25,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $26,000. 1620 Investment Advisors Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $26,000. FPC Investment Advisory Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $30,000. Finally, Providence Capital Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $33,000.

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.