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

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) hit a new 52-week high during trading on Wednesday . The stock traded as high as $205.24 and last traded at $205.23, with a volume of 723066 shares. The stock had previously closed at $204.30.

Vanguard Dividend Appreciation ETF Stock Performance

The firm has a 50 day simple moving average of $199.82 and a 200 day simple moving average of $198.01. The firm has a market cap of $87.32 billion, a P/E ratio of 24.54 and a beta of 0.78.

Institutional Trading of Vanguard Dividend Appreciation ETF

A number of large investors have recently modified their holdings of VIG. Curio Wealth LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $26,000. Parkworth Wealth Management Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $28,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $29,000. Providence First Trust Co bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $33,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $38,000.

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.