Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Hits New 1-Year High – Should You Buy?

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $98.80 and last traded at $98.75, with a volume of 21048 shares. The stock had previously closed at $97.86.

Vanguard International Dividend Appreciation ETF Trading Up 0.9%

The company has a market cap of $9.22 billion, a PE ratio of 21.41 and a beta of 0.70. The business has a fifty day moving average of $94.48 and a 200-day moving average of $93.01.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.5337 dividend. This represents a $2.13 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, June 18th.

Hedge Funds Weigh In On Vanguard International Dividend Appreciation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIGI. William Mack & Associates Inc. purchased a new position in Vanguard International Dividend Appreciation ETF during the 2nd quarter valued at about $294,000. Farrell Financial LLC bought a new position in Vanguard International Dividend Appreciation ETF in the 2nd quarter worth about $212,000. Warner Financial Inc. boosted its stake in Vanguard International Dividend Appreciation ETF by 3.2% in the 2nd quarter. Warner Financial Inc. now owns 12,568 shares of the company’s stock worth $1,174,000 after purchasing an additional 393 shares in the last quarter. Sapient Capital LLC purchased a new stake in Vanguard International Dividend Appreciation ETF during the 2nd quarter valued at about $268,000. Finally, Professional Financial Advisors LLC grew its position in Vanguard International Dividend Appreciation ETF by 13.9% during the 2nd quarter. Professional Financial Advisors LLC now owns 26,407 shares of the company’s stock valued at $2,466,000 after purchasing an additional 3,229 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Company Profile

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.