Vanguard Dividend Appreciation ETF $VIG Shares Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 38,622 shares of the company’s stock after buying an additional 2,291 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard Dividend Appreciation ETF were worth $8,488,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 92.5% during the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock worth $6,768,000 after acquiring an additional 16,606 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 12.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after purchasing an additional 577 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Vanguard Dividend Appreciation ETF by 4.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock valued at $659,000 after purchasing an additional 143 shares in the last quarter. First Trust Advisors LP grew its stake in Vanguard Dividend Appreciation ETF by 87.1% during the 2nd quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after purchasing an additional 2,246 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $993,000.

Vanguard Dividend Appreciation ETF Stock Up 1.0%

Shares of VIG opened at $230.87 on Friday. The firm has a market cap of $106.54 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The business’s 50 day moving average is $221.87 and its two-hundred day moving average is $222.13. Vanguard Dividend Appreciation ETF has a 52-week low of $193.01 and a 52-week high of $231.32.

Vanguard Dividend Appreciation ETF Company 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.