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

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) shares saw unusually-strong trading volume on Tuesday . Approximately 751,320 shares changed hands 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 Price Performance

The company’s 50-day simple moving average is $81.68 and its 200-day simple moving average is $84.02. The stock has a market capitalization of $7.20 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 declared 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 was Friday, December 20th. This represents a $1.05 annualized dividend and a yield of 1.27%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC grew its position in Vanguard International Dividend Appreciation ETF by 16.4% during the third 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 in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Vanguard International Dividend Appreciation ETF by 9.3% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,927,481 shares of the company’s stock worth $154,179,000 after purchasing an additional 163,654 shares during the period. Citigroup Inc. raised its stake in Vanguard International Dividend Appreciation ETF by 2.3% in the third quarter. Citigroup Inc. now owns 1,647,211 shares of the company’s stock valued at $145,416,000 after purchasing an additional 36,453 shares in the last quarter. Parcion Private Wealth LLC grew its stake in Vanguard International Dividend Appreciation ETF by 2.6% during the third quarter. Parcion Private Wealth LLC now owns 1,179,046 shares of the company’s stock worth $104,086,000 after buying an additional 30,200 shares in the last quarter. Finally, World Investment Advisors LLC bought a new position in Vanguard International Dividend Appreciation ETF in the 3rd quarter valued at about $64,616,000.

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.