Allen Investment Management LLC Has $23.21 Million Stake in Vanguard Dividend Appreciation ETF $VIG

Allen Investment Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 62.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,610 shares of the company’s stock after purchasing an additional 40,762 shares during the quarter. Allen Investment Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $23,211,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VIG. Vanguard Group Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after acquiring an additional 130,639 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Dividend Appreciation ETF by 3.0% in the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after acquiring an additional 287,085 shares during the last quarter. HB Wealth Management LLC boosted its stake in Vanguard Dividend Appreciation ETF by 3.5% in the fourth quarter. HB Wealth Management LLC now owns 5,705,891 shares of the company’s stock valued at $1,241,058,000 after acquiring an additional 194,577 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 0.7% during the 2nd quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after acquiring an additional 34,896 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 1.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,521,844 shares of the company’s stock worth $515,621,000 after acquiring an additional 25,866 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $234.17 on Tuesday. The firm has a fifty day moving average of $224.80 and a two-hundred day moving average of $223.39. The stock has a market capitalization of $108.07 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 52 week low of $196.55 and a 52 week high of $234.83.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.