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

Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $245.73 and last traded at $245.51, with a volume of 196161 shares traded. The stock had previously closed at $245.23.

Vanguard Dividend Appreciation ETF Stock Performance

The company has a 50 day simple moving average of $237.82 and a two-hundred day simple moving average of $229.40. The firm has a market cap of $114.32 billion, a PE ratio of 23.32 and a beta of 0.81.

Institutional Trading of Vanguard Dividend Appreciation ETF

A number of hedge funds have recently modified their holdings of the stock. Atlatl Advisers LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $27,000. Scarborough Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter worth $28,000. AG Campbell Advisory LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth $30,000. Eagle Bay Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth $31,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $31,000.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.