Envestnet Asset Management Inc. Purchases 60,106 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Envestnet Asset Management Inc. lifted its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,275,966 shares of the company’s stock after purchasing an additional 60,106 shares during the quarter. Envestnet Asset Management Inc. owned 0.53% of Vanguard Dividend Appreciation ETF worth $445,702,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Curio Wealth LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $26,000. Parkworth Wealth Management Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter worth $28,000. Providence First Trust Co purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth $33,000. Comprehensive Financial Planning Inc. PA bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $38,000. Finally, Synergy Investment Management LLC bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $39,000.

Vanguard Dividend Appreciation ETF Trading Down 5.7 %

Vanguard Dividend Appreciation ETF stock opened at $177.07 on Friday. The firm has a market capitalization of $78.94 billion, a PE ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The firm has a 50-day moving average price of $198.53 and a 200-day moving average price of $198.87.

Vanguard Dividend Appreciation ETF Increases Dividend

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

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.