Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stake Increased by Cascades Capital Asset Management LLC

Cascades Capital Asset Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,429 shares of the company’s stock after buying an additional 6,977 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 7.1% of Cascades Capital Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Cascades Capital Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $13,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VIG. Curio Wealth LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $26,000. Parkworth Wealth Management Inc. bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $28,000. Providence First Trust Co purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $33,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $38,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $39,000.

Vanguard Dividend Appreciation ETF Trading Down 5.7 %

VIG stock opened at $177.07 on Friday. The company’s 50 day moving average is $198.53 and its 200 day moving average is $198.85. The stock has a market cap of $78.94 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.9377 dividend. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date was Thursday, March 27th.

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.