Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 12-Month High – Time to Buy?

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) reached a new 52-week high during trading on Thursday . The company traded as high as $238.40 and last traded at $238.33, with a volume of 71263 shares. The stock had previously closed at $236.46.

Vanguard Dividend Appreciation ETF Stock Performance

The stock’s fifty day moving average price is $232.54 and its 200 day moving average price is $226.04. The stock has a market cap of $110.40 billion, a P/E ratio of 23.32 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Carrera Capital Advisors bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $573,000. MOR Wealth Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $1,609,000. Asempa Wealth Advisors bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $1,807,000. Elevatus Welath Management bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $522,000. Finally, Amara Financial LLC. boosted its position in shares of Vanguard Dividend Appreciation ETF by 8.7% in the 4th quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock worth $21,529,000 after purchasing an additional 7,858 shares in 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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.