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

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached 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 changing hands. The stock had previously closed at $239.13.

Vanguard Dividend Appreciation ETF Trading Down 0.5%

The stock has a market capitalization of $110.72 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The stock has a 50-day simple moving average of $234.50 and a 200 day simple moving average of $227.17.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Carrera Capital Advisors acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth $573,000. MOR Wealth Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at $1,609,000. Asempa Wealth Advisors acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $1,807,000. Elevatus Welath Management bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $522,000. Finally, Amara Financial LLC. lifted its holdings in Vanguard Dividend Appreciation ETF by 8.7% in the fourth quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock valued at $21,529,000 after buying 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.