Vanguard Dividend Appreciation ETF $VIG Shares Purchased by M&T Bank Corp

M&T Bank Corp lifted its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 659.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,212,203 shares of the company’s stock after buying an additional 1,052,498 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 0.8% of M&T Bank Corp’s holdings, making the stock its 23rd biggest holding. M&T Bank Corp’s holdings in Vanguard Dividend Appreciation ETF were worth $266,418,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in VIG. Investment Research & Advisory Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Clear Investment Research LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $38,000. Washington Trust Advisors Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 46.9% during the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after acquiring an additional 60 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $45,000.

Vanguard Dividend Appreciation ETF Trading Down 0.5%

Vanguard Dividend Appreciation ETF stock opened at $226.17 on Wednesday. The stock has a market cap of $104.38 billion, a P/E ratio of 23.32 and a beta of 0.84. The company has a fifty day simple moving average of $221.65 and a 200-day simple moving average of $220.93. Vanguard Dividend Appreciation ETF has a 12-month low of $181.61 and a 12-month high of $230.53.

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.