Flows Coverage: Vanguard Dividend Appreciation ETF Registered $-304.84M Redemptions Due To -1.39% AUM Decrease

Flows Coverage: Vanguard Dividend Appreciation ETF Registered $ 304.84M Redemptions Due To  1.39% AUM Decrease

Today were reported Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)‘s daily net flows. The ETF registered $-304.84M asset outflows for -1.39% decrease, reaching $21673.78M after yestarday’s trading session. The chart of Vanguard Dividend Appreciation ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.05% or $0.04 on November 10, hitting $83.66. It is down 3.76% since April 11, 2016 and is uptrending. It has underperformed by 2.39% the S&P500.

The ETF’s YTD performance is 7.48%, the 1 year is 6.82% and the 3 year is 6.56%.

The ETF’s average P/E ratio is 19.96, the price to book is 3.99, the price to sales is 1.64 and the price to cashflow is 13.88. Vanguard Dividend Appreciation ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Microsoft Corporation for 4.13% of assets, Johnson & Johnson Common Stock for 4.10%, Pepsico Inc. Common Stock for 3.93%, Coca-Cola Company (The) Common for 3.58%, Medtronic plc. Ordinary Shares for 3.04%, 3M Company Common Stock for 2.67%, McDonald’s Corporation Common S for 2.60%, CVS Health Corporation Common S for 2.45%, Walgreens Boots Alliance Inc. for 2.18%, United Technologies Corporation for 2.13%. The ETF sector weights are: Basic Materials 6.44%, Consumer Cyclical 11.59%, Financial Services 7.09%, Consumer Defensive 22.66%, Healthcare 15.40%, Utilities 2.85%, Communication Services 0.10%, Energy 1.33%, Industrials 22.59%, Technology 9.95%. The ETF currently as 0% yield.

More notable recent Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) news were published by: Fool.com which released: “Vanguard Dividend Appreciation ETF Banks on Dividend Growth” on August 23, 2016, also Fool.com with their article: “3 Top Vanguard Dividend ETFs” published on October 02, 2016, Etfdailynews.com published: “Need Yield? Dividend Growth ETFs Are A Good Place To Start” on November 04, 2016. More interesting news about Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) were released by: Seekingalpha.com and their article: “No More Sale On The Vanguard Dividend Appreciation ETF, For Now” published on June 07, 2016 as well as Nasdaq.com‘s news article titled: “Vanguard Dividend Appreciation ETF Experiences Big Inflow” with publication date: February 08, 2016.

VIG Company Profile

Vanguard Dividend Appreciation ETF (the Fund) is an open-end investment company, or mutual fund. It seeks to track the performance of an index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund (the Fund), which employs a passive management or indexing investment approach designed to track the performance of the Dividend Achievers Select Index (the Index).

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