The stock of VANGUARD US DIV APPR IDX ETF (TSE:VGG) hit a new 52-week high and has $113.24 target or 193.00% above today’s $38.65 share price. The 6 months bullish chart indicates low risk for the $259.01M company. The 1-year high was reported on Nov, 14 by Barchart.com. If the $113.24 price target is reached, the company will be worth $499.89 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 89,380 shares traded hands or 1740.23% up from the average. VANGUARD US DIV APPR IDX ETF (TSE:VGG) has risen 9.26% since April 12, 2016 and is uptrending. It has outperformed by 4.27% the S&P500.
More recent VANGUARD US DIV APPR IDX ETF (TSE:VGG) news were published by: Seekingalpha.com which released: “Va-Va VIG? Not So Much” on September 29, 2016. Also Seekingalpha.com published the news titled: “Why You Should Put Your Money In The Vanguard Dividend Appreciation ETF” on April 15, 2013. Investorplace.com‘s news article titled: “Protect Yourself From a Lopsided 401(k)” with publication date: November 07, 2012 was also an interesting one.
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