Vanguard Group Inc. Buys 301,772 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Vanguard Group Inc. boosted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,709,264 shares of the company’s stock after acquiring an additional 301,772 shares during the period. Vanguard Group Inc. owned 2.25% of Vanguard Dividend Appreciation ETF worth $1,901,365,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Live Oak Private Wealth LLC raised its stake in Vanguard Dividend Appreciation ETF by 4.5% in the fourth quarter. Live Oak Private Wealth LLC now owns 1,165 shares of the company’s stock valued at $228,000 after purchasing an additional 50 shares in the last quarter. Birchcreek Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 0.7% in the 4th quarter. Birchcreek Wealth Management LLC now owns 7,028 shares of the company’s stock valued at $1,376,000 after buying an additional 50 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 0.3% in the 4th quarter. Chicago Partners Investment Group LLC now owns 15,321 shares of the company’s stock valued at $3,000,000 after buying an additional 52 shares in the last quarter. Bruce G. Allen Investments LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 3.9% in the 4th quarter. Bruce G. Allen Investments LLC now owns 1,425 shares of the company’s stock valued at $279,000 after buying an additional 53 shares in the last quarter. Finally, Cypress Wealth Services LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 0.6% during the 4th quarter. Cypress Wealth Services LLC now owns 8,955 shares of the company’s stock worth $1,754,000 after acquiring an additional 54 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $195.58 on Thursday. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The stock has a market capitalization of $86.63 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85. The company’s 50 day simple moving average is $199.91 and its 200 day simple moving average is $199.07.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.9377 dividend. The ex-dividend date is Thursday, March 27th. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

About Vanguard Dividend Appreciation ETF

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.