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Vanguard Dividend Appreciation ETF Could Gain More Than 9%

Donna Fuscaldo

The Vanguard Dividend Appreciation ETF ( VIG) could increase more than 9% thanks to three of the underlying holdings having Wall Street price targets that are higher than their current stock prices. ETF Channel, in a guest post on Forbes.com, said that the weighted average implied analyst price target for the ETF based on the underlying holdings is $111.98 per unit. With the Vanguard Dividend Appreciation ETF trading near $102.13 per unit, this implies more than 9% upside for the fund.