Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Hits New 12-Month Low – Should You Sell?

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $169.32 and last traded at $169.80, with a volume of 498134 shares trading hands. The stock had previously closed at $177.07.

Vanguard Dividend Appreciation ETF Stock Performance

The stock has a market capitalization of $78.31 billion, a P/E ratio of 23.79 and a beta of 0.86. The business has a 50 day simple moving average of $198.53 and a 200-day simple moving average of $198.89.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.9377 dividend. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date was Thursday, March 27th.

Institutional Trading of Vanguard Dividend Appreciation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 121.5% during the 4th quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after acquiring an additional 3,353 shares during the last quarter. M3 Advisory Group LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 4.3% during the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock worth $11,201,000 after purchasing an additional 2,375 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $1,024,119,000. FSC Wealth Advisors LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 15.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock valued at $6,845,000 after purchasing an additional 4,626 shares during the period. Finally, Barrett & Company Inc. increased its stake in Vanguard Dividend Appreciation ETF by 7.9% in the 4th quarter. Barrett & Company Inc. now owns 15,308 shares of the company’s stock worth $2,998,000 after purchasing an additional 1,120 shares in the last quarter.

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.