Vanguard’s Dividend ETF Attracts $1.5 Billion: A Closer Look at VIG
Recent analysis of exchange-traded funds (ETFs) reveals that the Vanguard Dividend Appreciation ETF (Symbol: VIG) has experienced a substantial inflow of approximately $1.5 billion. This marks a 1.8% rise in outstanding units, increasing from 437,742,738 to 445,418,489 units week over week. In today’s trading, notable contributors to VIG include International Business Machines Corp (Symbol: IBM), up about 1.4%, Eaton Corp plc (Symbol: ETN), down 1.1%, and Union Pacific Corp (Symbol: UNP), which rose by roughly 0.9%. For details on VIG’s holdings, refer to the VIG Holdings page.
The accompanying chart illustrates VIG’s price performance over the past year, highlighting its relationship with the 200-day moving average:
In examining the chart, one can see that VIG’s 52-week low was $168.25 per share, while the 52-week high reached $205.20. Today, VIG closed at $196.54. Analysts often use comparisons like this between the latest share price and the 200-day moving average to evaluate trends. For further insights on using moving averages, visit our page on the 200-day moving average.
Exchange-traded funds (ETFs) function much like stocks, but investors are actually buying and selling “units.” These units can be traded similarly to stocks but may also be created or destroyed based on investor demand. Each week, we monitor the changes in shares outstanding to identify ETFs that are experiencing significant inflows or outflows. The creation of new units requires purchasing the ETF’s underlying assets, while destroying units means selling off those assets, thus influencing the individual stocks within the ETF.
Explore other ETFs with notable inflows
Further Reading:
- Dividend Opportunities: Buy at a Discount Compared to Insiders
- EIRL Historical Stock Prices
- Institutional Investors in IESM
The opinions expressed in this article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
