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

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $234.17 and last traded at $233.75, with a volume of 200106 shares changing hands. The stock had previously closed at $233.05.

Vanguard Dividend Appreciation ETF Stock Performance

The stock has a market capitalization of $108.29 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The firm has a fifty day moving average of $224.42 and a 200-day moving average of $223.24.

Institutional Trading of Vanguard Dividend Appreciation ETF

Several large investors have recently modified their holdings of VIG. Brighton Jones LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 92.5% during the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after acquiring an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 12.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after acquiring an additional 577 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Vanguard Dividend Appreciation ETF by 4.7% during the second quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock valued at $659,000 after acquiring an additional 143 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Vanguard Dividend Appreciation ETF by 87.1% during the second quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after acquiring an additional 2,246 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at about $993,000.

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.