Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sets New 1-Year High – Still a Buy?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s share price hit a new 52-week high on Monday . The stock traded as high as $229.88 and last traded at $229.4340, with a volume of 163955 shares traded. The stock had previously closed at $229.53.

Vanguard Dividend Appreciation ETF Stock Up 0.1%

The company has a market cap of $106.59 billion, a PE ratio of 23.32 and a beta of 0.85. The stock has a 50-day simple moving average of $222.89 and a 200 day simple moving average of $217.11.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. MSH Capital Advisors LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.8% in the 4th quarter. MSH Capital Advisors LLC now owns 13,334 shares of the company’s stock worth $2,931,000 after acquiring an additional 734 shares during the last quarter. Murphy Pohlad Asset Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 6.7% during the fourth quarter. Murphy Pohlad Asset Management LLC now owns 1,598 shares of the company’s stock worth $351,000 after purchasing an additional 100 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 4.3% during the fourth quarter. Fisher Asset Management LLC now owns 4,978 shares of the company’s stock worth $1,094,000 after purchasing an additional 204 shares in the last quarter. FFT Wealth Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $241,000. Finally, Clearstead Advisors LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 6.1% in the fourth quarter. Clearstead Advisors LLC now owns 174,624 shares of the company’s stock valued at $38,379,000 after buying an additional 10,088 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.