Vanguard Dividend Appreciation ETF (VIG) to Issue Quarterly Dividend of $0.88 on December 24th

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) announced a quarterly dividend on Thursday, April 3rd. Shareholders of record on Monday, December 22nd will be given a dividend of 0.8844 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 2.3% increase from Vanguard Dividend Appreciation ETF’s previous quarterly dividend of $0.86.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG traded up $1.29 on Friday, reaching $220.66. 1,605,362 shares of the company’s stock were exchanged, compared to its average volume of 1,129,086. The firm has a market cap of $100.04 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The stock has a fifty day simple moving average of $218.42 and a 200-day simple moving average of $212.05. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $224.59.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Curio Wealth LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 4,300.0% in the second quarter. Curio Wealth LLC now owns 132 shares of the company’s stock worth $27,000 after acquiring an additional 129 shares during the period. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter worth about $31,000. Proathlete Wealth Management LLC bought a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter worth about $35,000. Flaharty Asset Management LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $38,000. Finally, Clear Investment Research LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $38,000.

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.