Bayban Purchases New Holdings in Vanguard Dividend Appreciation ETF $VIG

Bayban purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,516 shares of the company’s stock, valued at approximately $1,212,000. Vanguard Dividend Appreciation ETF makes up 1.1% of Bayban’s holdings, making the stock its 15th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in VIG. Bank of America Corp DE lifted its position in shares of Vanguard Dividend Appreciation ETF by 16.2% during the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after acquiring an additional 3,448,292 shares during the period. Morgan Stanley grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2.0% during the 4th quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after purchasing an additional 247,444 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard Dividend Appreciation ETF by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock worth $2,376,736,000 after purchasing an additional 228,122 shares during the period. Vanguard Group Inc. increased its position in shares of 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 worth $2,349,602,000 after purchasing an additional 130,639 shares during the period. Finally, Wealthfront Advisers LLC increased its position in shares of 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 worth $2,171,249,000 after purchasing an additional 287,085 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $235.19 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $198.37 and a 52 week high of $238.10. The business has a 50-day simple moving average of $230.32 and a 200 day simple moving average of $225.04. The company has a market cap of $108.54 billion, a PE ratio of 23.32 and a beta of 0.82.

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