Lowe Wealth Advisors LLC Purchases 770 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Lowe Wealth Advisors LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 30.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,310 shares of the company’s stock after buying an additional 770 shares during the period. Lowe Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $642,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC grew its position in 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 valued at $5,134,878,000 after buying an additional 19,397,896 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard Dividend Appreciation ETF by 17.1% during the 4th quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock valued at $4,845,498,000 after buying an additional 3,605,152 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 21,353.5% in 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 period. Wells Fargo & Company MN grew its stake in Vanguard Dividend Appreciation ETF by 8.6% in the 4th quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after buying an additional 832,983 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock valued at $1,901,365,000 after acquiring an additional 301,772 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $197.34 on Friday. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24. The stock’s fifty day moving average price is $190.15 and its two-hundred day moving average price is $196.46. The company has a market cap of $89.20 billion, a P/E ratio of 24.18 and a beta of 0.87.

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.