SVB Wealth LLC Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

SVB Wealth LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 70,644 shares of the company’s stock, valued at approximately $13,834,000.

A number of other institutional investors have also recently made changes to their positions in VIG. Golden State Equity Partners purchased a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter worth $208,000. First Trust Direct Indexing L.P. bought a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $245,000. Baron Silver Stevens Financial Advisors LLC raised its position in Vanguard Dividend Appreciation ETF by 2.4% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 163,635 shares of the company’s stock worth $32,409,000 after buying an additional 3,804 shares during the last quarter. ForthRight Wealth Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 78.3% during the 3rd quarter. ForthRight Wealth Management LLC now owns 2,277 shares of the company’s stock valued at $451,000 after acquiring an additional 1,000 shares during the period. Finally, Stephens Inc. AR lifted its stake in Vanguard Dividend Appreciation ETF by 11.7% during the 3rd quarter. Stephens Inc. AR now owns 164,488 shares of the company’s stock valued at $32,578,000 after acquiring an additional 17,181 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 1.4 %

Shares of VIG stock opened at $203.13 on Friday. The company has a 50 day moving average price of $200.14 and a 200-day moving average price of $198.62. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The firm has a market capitalization of $90.02 billion, a PE ratio of 25.31 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Profile

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.