Mirae Asset Global Investments Co. Ltd. Makes New $19.77 Million Investment in Vanguard Dividend Appreciation ETF $VIG

Mirae Asset Global Investments Co. Ltd. bought a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 84,719 shares of the company’s stock, valued at approximately $19,766,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VIG. HB Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.6% in the second quarter. HB Wealth Management LLC now owns 5,857,815 shares of the company’s stock worth $1,372,141,000 after purchasing an additional 94,213 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard Dividend Appreciation ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,577,266 shares of the company’s stock valued at $609,833,000 after purchasing an additional 80,365 shares during the period. Signaturefd LLC boosted its stake in Vanguard Dividend Appreciation ETF by 2.9% during the 3rd quarter. Signaturefd LLC now owns 2,349,375 shares of the company’s stock valued at $548,133,000 after purchasing an additional 66,078 shares during the period. Modera Wealth Management LLC grew its holdings in Vanguard Dividend Appreciation ETF by 4.6% in the 3rd quarter. Modera Wealth Management LLC now owns 1,736,328 shares of the company’s stock valued at $405,103,000 after buying an additional 76,728 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Vanguard Dividend Appreciation ETF by 90.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock valued at $356,466,000 after buying an additional 715,474 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

VIG opened at $248.24 on Tuesday. The stock’s 50 day moving average price is $240.36 and its two-hundred day moving average price is $232.61. The firm has a market capitalization of $116.18 billion, a P/E ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 12-month low of $210.01 and a 12-month high of $250.19.

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.