Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 1-Year High – Should You Buy?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during trading on Thursday. The company traded as high as $253.51 and last traded at $252.5710, with a volume of 79,140 shares traded. The stock had previously closed at $251.84.

Vanguard Dividend Appreciation ETF Trading Up 0.5%

The stock has a fifty day moving average of $241.08 and a two-hundred day moving average of $233.46. The stock has a market capitalization of $118.34 billion, a price-to-earnings ratio of 23.32 and a beta of 0.79.

Hedge Funds Weigh In On Vanguard Dividend Appreciation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Atlatl Advisers LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $27,000. Scarborough Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter worth about $28,000. Wilkerson Advisory Group LLC increased its position in Vanguard Dividend Appreciation ETF by 198.2% in the 1st quarter. Wilkerson Advisory Group LLC now owns 164 shares of the company’s stock valued at $35,000 after acquiring an additional 109 shares in the last quarter. Collier Financial acquired a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $36,000. Finally, Polaris Financial Partners acquired a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $37,000.

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.