TIAA Trust National Association Reduces Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

TIAA Trust National Association decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,880 shares of the company’s stock after selling 70 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Dividend Appreciation ETF were worth $5,656,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VIG. Wealthfront Advisers LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 284.3% during the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after purchasing an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in Vanguard Dividend Appreciation ETF by 21,353.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $1,024,119,000. Proficio Capital Partners LLC lifted its stake in Vanguard Dividend Appreciation ETF by 20,620.9% in the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock valued at $498,863,000 after buying an additional 2,535,136 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 7,822.0% in the fourth quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock valued at $314,245,000 after acquiring an additional 1,584,428 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 0.2 %

Shares of VIG opened at $195.58 on Thursday. The company’s 50 day simple moving average is $199.91 and its 200-day simple moving average is $199.07. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The firm has a market cap of $86.63 billion, a PE ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.9377 dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.