Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sets New 52-Week High – Here’s Why

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGIGet Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $96.70 and last traded at $96.64, with a volume of 66939 shares. The stock had previously closed at $96.20.

Vanguard International Dividend Appreciation ETF Stock Up 0.7%

The company’s fifty day moving average price is $94.06 and its 200-day moving average price is $92.83. The stock has a market capitalization of $9.05 billion, a PE ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.5337 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $2.13 annualized dividend and a yield of 2.2%.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in Vanguard International Dividend Appreciation ETF during the third quarter valued at $27,000. Arax Advisory Partners purchased a new position in Vanguard International Dividend Appreciation ETF during the fourth quarter valued at approximately $29,000. Strive Financial Group LLC purchased a new position in Vanguard International Dividend Appreciation ETF during the fourth quarter valued at approximately $30,000. Triumph Capital Management bought a new position in shares of Vanguard International Dividend Appreciation ETF in the third quarter worth approximately $34,000. Finally, ORG Partners LLC boosted its position in shares of Vanguard International Dividend Appreciation ETF by 36.3% in the fourth quarter. ORG Partners LLC now owns 402 shares of the company’s stock worth $37,000 after purchasing an additional 107 shares during the period.

About Vanguard International Dividend Appreciation ETF

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The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.

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