Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 12-Month High – Should You Buy?

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $224.73 and last traded at $224.2430, with a volume of 211672 shares traded. The stock had previously closed at $223.22.

Vanguard Dividend Appreciation ETF Trading Up 0.8%

The business has a 50-day moving average of $219.68 and a 200 day moving average of $214.14. The firm has a market capitalization of $104.42 billion, a P/E ratio of 23.32 and a beta of 0.85.

Hedge Funds Weigh In On Vanguard Dividend Appreciation ETF

Large investors have recently modified their holdings of the company. Oliver Luxxe Assets LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% in the third quarter. Oliver Luxxe Assets LLC now owns 12,454 shares of the company’s stock valued at $2,687,000 after buying an additional 46 shares in the last quarter. Cornerstone Wealth Group LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.2% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 1,498 shares of the company’s stock worth $323,000 after acquiring an additional 47 shares during the last quarter. Firethorn Wealth Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 3.9% in the 3rd quarter. Firethorn Wealth Partners LLC now owns 1,271 shares of the company’s stock valued at $274,000 after acquiring an additional 48 shares in the last quarter. LJI Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 2.8% in the 3rd quarter. LJI Wealth Management LLC now owns 1,743 shares of the company’s stock valued at $376,000 after acquiring an additional 48 shares in the last quarter. Finally, Teamwork Financial Advisors LLC boosted its stake in Vanguard Dividend Appreciation ETF by 2.7% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,897 shares of the company’s stock valued at $388,000 after purchasing an additional 49 shares during the last quarter.

About Vanguard Dividend Appreciation ETF

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.