Allianz SE Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Allianz SE acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 441 shares of the company’s stock, valued at approximately $86,000.

A number of other hedge funds also recently made changes to their positions in the stock. Transamerica Financial Advisors Inc. increased its stake in Vanguard Dividend Appreciation ETF by 12.0% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 16,913 shares of the company’s stock valued at $3,313,000 after acquiring an additional 1,818 shares during the last quarter. Michael A. Dubis Financial Planning LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $999,000. RiverFront Investment Group LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 7.2% during the 4th quarter. RiverFront Investment Group LLC now owns 3,910 shares of the company’s stock valued at $766,000 after purchasing an additional 262 shares during the last quarter. LM Advisors LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 10.0% during the 4th quarter. LM Advisors LLC now owns 93,633 shares of the company’s stock valued at $18,336,000 after buying an additional 8,516 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $558,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $193.99 on Tuesday. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The stock has a 50 day simple moving average of $199.60 and a two-hundred day simple moving average of $199.11. The firm has a market cap of $85.93 billion, a P/E ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.9377 per share. The ex-dividend date of this dividend was 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.