Bayban Invests $1.21 Million in Vanguard Dividend Appreciation ETF $VIG

Bayban purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 5,516 shares of the company’s stock, valued at approximately $1,212,000. Vanguard Dividend Appreciation ETF accounts for approximately 1.1% of Bayban’s holdings, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of VIG. Bank of America Corp DE raised its position in Vanguard Dividend Appreciation ETF by 16.2% in the fourth quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after purchasing an additional 3,448,292 shares during the last quarter. Morgan Stanley grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2.0% during the fourth quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after purchasing an additional 247,444 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after buying an additional 228,122 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after buying an additional 130,639 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in Vanguard Dividend Appreciation ETF by 3.0% in the 4th quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after buying an additional 287,085 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $235.19 on Friday. The firm’s 50 day simple moving average is $230.32 and its 200 day simple moving average is $225.04. Vanguard Dividend Appreciation ETF has a one year low of $198.37 and a one year high of $238.10. The company has a market cap of $108.54 billion, a PE ratio of 23.32 and a beta of 0.82.

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.