Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Reaches New 12-Month High – Still a Buy?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $201.85 and last traded at $201.47, with a volume of 177035 shares. The stock had previously closed at $201.32.

Vanguard Dividend Appreciation ETF Stock Down 0.6 %

The stock has a market cap of $86.52 billion, a PE ratio of 24.54 and a beta of 0.78. The stock’s fifty day moving average price is $193.94 and its 200 day moving average price is $186.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. JGP Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 1.5% during the third quarter. JGP Wealth Management LLC now owns 3,502 shares of the company’s stock valued at $694,000 after purchasing an additional 51 shares during the period. Ascent Group LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 1.7% in the 2nd quarter. Ascent Group LLC now owns 3,154 shares of the company’s stock worth $576,000 after buying an additional 53 shares during the last quarter. Bridge Creek Capital Management LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 1.7% in the third quarter. Bridge Creek Capital Management LLC now owns 3,248 shares of the company’s stock worth $643,000 after acquiring an additional 55 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in Vanguard Dividend Appreciation ETF by 2.2% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,605 shares of the company’s stock valued at $516,000 after acquiring an additional 55 shares during the period. Finally, Smithfield Trust Co boosted its position in Vanguard Dividend Appreciation ETF by 1.7% in the first quarter. Smithfield Trust Co now owns 3,391 shares of the company’s stock worth $620,000 after purchasing an additional 56 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.