Is the Vanguard Dividend Appreciation ETF a Buy Now?

Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) is a large and popular exchange-traded fund (ETF), with over $120 billion in assets. There are good reasons to like the ETF, but there are also some investors who will likely be disappointed if they step aboard. Here's why Vanguard Dividend Appreciation ETF is a buy now and why it might not be, too.

Vanguard Dividend Appreciation ETF is an index-tracking exchange-traded fund, so it doesn't really "do" anything but copy the index it tracks. However, the index, which is the S U.S. Dividend Growers Index, and the ETF are effectively doing the same thing and, thus, they're basically interchangeable when you discuss the ETF.

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Source Fool.com