SVB Wealth LLC Purchases New Shares in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

SVB Wealth LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 70,644 shares of the company’s stock, valued at approximately $13,834,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $29,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $38,000. Bank of New Hampshire grew its holdings in Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after purchasing an additional 154 shares during the period. Bangor Savings Bank increased its stake in shares of Vanguard Dividend Appreciation ETF by 41.0% during the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after purchasing an additional 64 shares in the last quarter. Finally, Creative Capital Management Investments LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $45,000.

Vanguard Dividend Appreciation ETF Stock Up 1.4 %

Shares of VIG opened at $203.13 on Friday. The stock has a market cap of $90.02 billion, a P/E ratio of 25.31 and a beta of 0.86. The business’s 50 day moving average price is $200.14 and its 200-day moving average price is $198.62. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24.

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.