Forbes J M & Co. LLP Raises Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Forbes J M & Co. LLP raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,025 shares of the company’s stock after purchasing an additional 436 shares during the period. Vanguard Dividend Appreciation ETF accounts for 1.6% of Forbes J M & Co. LLP’s holdings, making the stock its 16th biggest position. Forbes J M & Co. LLP’s holdings in Vanguard Dividend Appreciation ETF were worth $16,259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of VIG. Millennium Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 251.0% during the second quarter. Millennium Management LLC now owns 22,589 shares of the company’s stock worth $4,124,000 after purchasing an additional 16,153 shares in the last quarter. Alpha Financial Partners LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the third quarter worth $3,597,000. CWM LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 1.1% in the third quarter. CWM LLC now owns 100,790 shares of the company’s stock valued at $19,962,000 after buying an additional 1,073 shares during the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of Vanguard Dividend Appreciation ETF by 1.8% in the third quarter. Pinnacle Bancorp Inc. now owns 16,379 shares of the company’s stock worth $3,244,000 after buying an additional 292 shares in the last quarter. Finally, Watts Gwilliam & Co. LLC acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth about $6,604,000.

Vanguard Dividend Appreciation ETF Trading Down 0.8 %

Shares of NYSEARCA VIG opened at $201.83 on Friday. The company has a 50-day moving average of $199.60 and a 200 day moving average of $196.76. Vanguard Dividend Appreciation ETF has a 12-month low of $172.54 and a 12-month high of $205.20. The stock has a market cap of $87.26 billion, a PE ratio of 24.54 and a beta of 0.78.

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.