Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Strong Trading Volume – Still a Buy?

Shares of Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw unusually-strong trading volume on Tuesday . Approximately 751,320 shares changed hands during mid-day trading, an increase of 151% from the previous session’s volume of 299,524 shares.The stock last traded at $81.59 and had previously closed at $80.20.

Vanguard International Dividend Appreciation ETF Stock Performance

The company’s 50 day moving average is $81.68 and its 200 day moving average is $84.02. The firm has a market cap of $7.20 billion, a P/E ratio of 20.53 and a beta of 0.77.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were issued a dividend of $0.2619 per share. This represents a $1.05 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend was Friday, December 20th.

Institutional Trading of Vanguard International Dividend Appreciation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC raised its holdings in Vanguard International Dividend Appreciation ETF by 20.8% in the 3rd quarter. FMR LLC now owns 9,506 shares of the company’s stock valued at $839,000 after buying an additional 1,639 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard International Dividend Appreciation ETF during the second quarter valued at $28,000. Silver Lake Advisory LLC bought a new position in shares of Vanguard International Dividend Appreciation ETF during the second quarter valued at $206,000. Park Avenue Securities LLC lifted its holdings in shares of Vanguard International Dividend Appreciation ETF by 17.3% during the third quarter. Park Avenue Securities LLC now owns 3,250 shares of the company’s stock worth $287,000 after purchasing an additional 480 shares during the period. Finally, EP Wealth Advisors LLC grew its stake in shares of Vanguard International Dividend Appreciation ETF by 13.5% in the second quarter. EP Wealth Advisors LLC now owns 2,665,667 shares of the company’s stock worth $216,665,000 after purchasing an additional 317,770 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.