Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 52-Week High – What’s Next?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $237.47 and last traded at $237.03, with a volume of 92882 shares. The stock had previously closed at $235.73.

Vanguard Dividend Appreciation ETF Stock Performance

The firm has a market capitalization of $109.29 billion, a PE ratio of 23.32 and a beta of 0.82. The company’s 50 day simple moving average is $229.33 and its 200-day simple moving average is $224.79.

Institutional Trading of Vanguard Dividend Appreciation ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its stake in Vanguard Dividend Appreciation ETF by 4.3% in the 4th quarter. Salomon & Ludwin LLC now owns 1,084 shares of the company’s stock worth $241,000 after purchasing an additional 45 shares in the last quarter. Rather & Kittrell Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% in the 4th quarter. Rather & Kittrell Inc. now owns 1,206 shares of the company’s stock worth $265,000 after buying an additional 45 shares during the last quarter. OMNI 360 Wealth Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 1.2% in the 4th quarter. OMNI 360 Wealth Inc. now owns 3,762 shares of the company’s stock worth $845,000 after buying an additional 45 shares during the last quarter. Essex LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 0.8% in the 4th quarter. Essex LLC now owns 5,915 shares of the company’s stock worth $1,300,000 after buying an additional 46 shares during the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management increased its holdings in shares of Vanguard Dividend Appreciation ETF by 0.7% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 6,451 shares of the company’s stock worth $1,418,000 after buying an additional 46 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.