Envestnet Asset Management Inc. Boosts Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Envestnet Asset Management Inc. raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,275,966 shares of the company’s stock after buying an additional 60,106 shares during the period. Envestnet Asset Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $445,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Perennial Investment Advisors LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 2.5% in the 4th quarter. Perennial Investment Advisors LLC now owns 11,980 shares of the company’s stock worth $2,346,000 after buying an additional 293 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Vanguard Dividend Appreciation ETF by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after acquiring an additional 832,983 shares in the last quarter. Prudential PLC lifted its stake in Vanguard Dividend Appreciation ETF by 119.8% in the fourth quarter. Prudential PLC now owns 15,300 shares of the company’s stock worth $2,996,000 after acquiring an additional 8,340 shares during the period. Conquis Financial LLC bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $3,059,000. Finally, Orleans Capital Management Corp LA increased its position in Vanguard Dividend Appreciation ETF by 20.9% during the 4th quarter. Orleans Capital Management Corp LA now owns 2,291 shares of the company’s stock valued at $468,000 after purchasing an additional 396 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $177.07 on Friday. The company has a 50 day moving average price of $198.53 and a 200-day moving average price of $198.87. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24. The stock has a market capitalization of $78.94 billion, a PE ratio of 23.79 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.9377 per share. The ex-dividend date was Thursday, March 27th. This is a boost from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.