Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw unusually-high trading volume on Tuesday . Approximately 751,320 shares were traded during 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 Up 1.9 %

The business’s 50 day simple moving average is $81.72 and its 200 day simple moving average is $84.04. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 20.53 and a beta of 0.77.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were paid a $0.2619 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.05 annualized dividend and a yield of 1.28%.

Institutional Trading of Vanguard International Dividend Appreciation ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. World Investment Advisors LLC bought a new stake in Vanguard International Dividend Appreciation ETF in the 3rd quarter valued at $64,616,000. International Assets Investment Management LLC raised its position in shares of Vanguard International Dividend Appreciation ETF by 18,871.2% in the third quarter. International Assets Investment Management LLC now owns 442,218 shares of the company’s stock valued at $39,039,000 after purchasing an additional 439,887 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of Vanguard International Dividend Appreciation ETF by 16.4% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,101,521 shares of the company’s stock worth $273,802,000 after buying an additional 435,854 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Vanguard International Dividend Appreciation ETF by 1,653.9% during the 2nd quarter. Bank of Montreal Can now owns 287,893 shares of the company’s stock worth $23,429,000 after buying an additional 271,479 shares during the period. Finally, Eastern Bank grew its stake in Vanguard International Dividend Appreciation ETF by 67.6% in the 3rd quarter. Eastern Bank now owns 577,463 shares of the company’s stock valued at $50,978,000 after buying an additional 232,912 shares during the last quarter.

About Vanguard International Dividend Appreciation ETF

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.