We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
For investors seeking momentum, Vanguard Dividend Appreciation ETF (VIG - Free Report) is probably on radar. The fund just hit a 52-week high, and is up 30.2% from its 52-week low price of $91.68 per share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:
VIG in Focus
This fund offers exposure to companies with a record of growing dividends year over year. It has key holdings in industrials, consumer services, healthcare, financials and consumer goods, with a double-digit allocation each. The fund charges 0.06% in expense ratio (see: all the Large Cap Value ETFs here).
Why the Move?
The dividend corner of the broad investing world has been an area to watch lately given falling yields and the prospect of easing money policies. Additionally, trade war and global slowdown concerns make investors jittery. So, dividend-paying securities are the major sources of consistent income for investors since returns from the equity market are at risk. This is because dividend products offer the best combination of safety in the form of payouts and stability as these are less immune to large swings in stock prices.
More Gains Ahead?
Currently, VIG has a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook, suggesting that the outperformance could continue in the months ahead. Further, many of the segments that make up this ETF have a strong Zacks Industry Rank, so there is definitely still some promise for those who want to ride on this surging ETF a little longer.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dividend ETF (VIG) Hits New 52-Week High
For investors seeking momentum, Vanguard Dividend Appreciation ETF (VIG - Free Report) is probably on radar. The fund just hit a 52-week high, and is up 30.2% from its 52-week low price of $91.68 per share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:
VIG in Focus
This fund offers exposure to companies with a record of growing dividends year over year. It has key holdings in industrials, consumer services, healthcare, financials and consumer goods, with a double-digit allocation each. The fund charges 0.06% in expense ratio (see: all the Large Cap Value ETFs here).
Why the Move?
The dividend corner of the broad investing world has been an area to watch lately given falling yields and the prospect of easing money policies. Additionally, trade war and global slowdown concerns make investors jittery. So, dividend-paying securities are the major sources of consistent income for investors since returns from the equity market are at risk. This is because dividend products offer the best combination of safety in the form of payouts and stability as these are less immune to large swings in stock prices.
More Gains Ahead?
Currently, VIG has a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook, suggesting that the outperformance could continue in the months ahead. Further, many of the segments that make up this ETF have a strong Zacks Industry Rank, so there is definitely still some promise for those who want to ride on this surging ETF a little longer.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>