Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sees Strong Trading Volume – What’s Next?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) saw strong trading volume on Tuesday . 2,068,679 shares changed hands during mid-day trading, an increase of 149% from the previous session’s volume of 830,251 shares.The stock last traded at $201.35 and had previously closed at $202.15.

Vanguard Dividend Appreciation ETF Price Performance

The firm has a market cap of $86.95 billion, a P/E ratio of 24.54 and a beta of 0.78. The stock has a 50 day moving average of $199.98 and a 200 day moving average of $192.30.

Institutional Trading of Vanguard Dividend Appreciation ETF

Hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 2.0% in the 2nd quarter. QRG Capital Management Inc. now owns 4,784 shares of the company’s stock worth $873,000 after acquiring an additional 93 shares during the last quarter. Atomi Financial Group Inc. raised its position in Vanguard Dividend Appreciation ETF by 2.3% in the 3rd quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock worth $2,125,000 after purchasing an additional 244 shares during the period. Fairhaven Wealth Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 1.4% in the second quarter. Fairhaven Wealth Management LLC now owns 9,624 shares of the company’s stock worth $1,757,000 after purchasing an additional 137 shares during the last quarter. Founders Financial Alliance LLC boosted its position in Vanguard Dividend Appreciation ETF by 1.9% during the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock valued at $1,431,000 after buying an additional 148 shares during the period. Finally, Foster & Motley Inc. boosted its position in Vanguard Dividend Appreciation ETF by 28.0% during the second quarter. Foster & Motley Inc. now owns 3,527 shares of the company’s stock valued at $644,000 after buying an additional 772 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.