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

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $230.63 and last traded at $230.57, with a volume of 323778 shares changing hands. The stock had previously closed at $228.68.

Vanguard Dividend Appreciation ETF Price Performance

The stock has a market capitalization of $105.86 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The business’s fifty day moving average price is $221.95 and its 200-day moving average price is $222.18.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VIG. Gateway Wealth Partners LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 121.2% during the first quarter. Gateway Wealth Partners LLC now owns 45,838 shares of the company’s stock worth $9,858,000 after purchasing an additional 25,118 shares during the last quarter. Blue Chip Partners LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 3.4% during the first quarter. Blue Chip Partners LLC now owns 20,154 shares of the company’s stock worth $4,334,000 after purchasing an additional 663 shares during the last quarter. Cypress Capital Group boosted its holdings in Vanguard Dividend Appreciation ETF by 1.2% during the first quarter. Cypress Capital Group now owns 5,194 shares of the company’s stock worth $1,117,000 after purchasing an additional 61 shares during the last quarter. Everest Financial Group LLC purchased a new position in Vanguard Dividend Appreciation ETF during the first quarter worth about $554,000. Finally, Bradley Foster & Sargent Inc. CT boosted its holdings in Vanguard Dividend Appreciation ETF by 2.4% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 61,758 shares of the company’s stock worth $13,282,000 after purchasing an additional 1,467 shares during the last quarter.

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.