Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 1-Year High – Here’s What Happened

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s share price reached a new 52-week high on Thursday . The company traded as high as $202.02 and last traded at $201.44, with a volume of 65495 shares traded. The stock had previously closed at $201.36.

Vanguard Dividend Appreciation ETF Trading Up 0.2 %

The company has a market capitalization of $87.22 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The firm’s 50 day simple moving average is $196.91 and its 200-day simple moving average is $188.54.

Institutional Trading of Vanguard Dividend Appreciation ETF

Several hedge funds have recently modified their holdings of VIG. Strategic Financial Concepts LLC increased its stake in Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after purchasing an additional 8,748,758 shares in the last quarter. Cetera Investment Advisers grew its stake in Vanguard Dividend Appreciation ETF by 505.7% in the 1st quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock valued at $148,515,000 after acquiring an additional 679,010 shares during the last quarter. Vanguard Group Inc. raised its position in Vanguard Dividend Appreciation ETF by 5.7% during the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock worth $1,576,895,000 after acquiring an additional 466,457 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $73,967,000. Finally, Waverly Advisors LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 37.9% during the 1st quarter. Waverly Advisors LLC now owns 770,803 shares of the company’s stock worth $140,756,000 after purchasing an additional 211,811 shares during the last quarter.

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.