Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 1-Year High – What’s Next?

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $240.62 and last traded at $240.31, with a volume of 103615 shares trading hands. The stock had previously closed at $238.65.

Vanguard Dividend Appreciation ETF Price Performance

The firm’s fifty day moving average price is $235.50 and its 200-day moving average price is $227.87. The company has a market cap of $111.54 billion, a price-to-earnings 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 bought and sold shares of VIG. Daviman Financial LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter worth approximately $219,000. Silver Lake Advisory LLC increased its position in Vanguard Dividend Appreciation ETF by 2.4% in the 2nd quarter. Silver Lake Advisory LLC now owns 6,868 shares of the company’s stock valued at $1,625,000 after acquiring an additional 160 shares during the period. TMB Capital Partners LLC increased its position in Vanguard Dividend Appreciation ETF by 1.9% in the 2nd quarter. TMB Capital Partners LLC now owns 3,215 shares of the company’s stock valued at $761,000 after acquiring an additional 61 shares during the period. DHJJ Financial Advisors Ltd. raised its stake in Vanguard Dividend Appreciation ETF by 2.2% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 32,335 shares of the company’s stock valued at $7,651,000 after acquiring an additional 687 shares in the last quarter. Finally, BridgePort Financial Solutions LLC raised its stake in Vanguard Dividend Appreciation ETF by 3.2% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 17,022 shares of the company’s stock valued at $4,028,000 after acquiring an additional 525 shares in 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.