Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Sees Significant Increase in Short Interest
by Doug Wharley · The Cerbat GemVanguard Dividend Appreciation ETF (NYSEARCA:VIG – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 305,643 shares, a growth of 130.9% from the March 31st total of 132,390 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,139,226 shares, the days-to-cover ratio is currently 0.3 days.
Vanguard Dividend Appreciation ETF Price Performance
Shares of NYSEARCA:VIG traded down $0.96 during midday trading on Friday, reaching $226.83. 856,262 shares of the company’s stock were exchanged, compared to its average volume of 1,509,481. The firm’s 50 day simple moving average is $221.62 and its two-hundred day simple moving average is $221.11. The stock has a market cap of $104.68 billion, a price-to-earnings ratio of 23.32 and a beta of 0.84. Vanguard Dividend Appreciation ETF has a fifty-two week low of $186.47 and a fifty-two week high of $230.53.
Institutional Trading of Vanguard Dividend Appreciation ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. AG Campbell Advisory LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $30,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $31,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $31,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $31,000. Finally, Garner Asset Management Corp acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $35,000.
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.