Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 52-Week High – Should You Buy?

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $205.24 and last traded at $205.23, with a volume of 723066 shares traded. The stock had previously closed at $204.30.

Vanguard Dividend Appreciation ETF Trading Up 0.5 %

The stock has a 50-day simple moving average of $199.67 and a 200 day simple moving average of $197.78. The company has a market cap of $88.73 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

Hedge Funds Weigh In On Vanguard Dividend Appreciation ETF

A number of institutional investors have recently bought and sold shares of the business. Curio Wealth LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $26,000. Parkworth Wealth Management Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $28,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter worth about $29,000. Providence First Trust Co purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $33,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $38,000.

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.