Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Lifted by Advisory Alpha LLC

Advisory Alpha LLC raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.1% during the first quarter, HoldingsChannel reports. The fund owned 140,712 shares of the company’s stock after acquiring an additional 1,535 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 1.7% of Advisory Alpha LLC’s holdings, making the stock its 12th largest position. Advisory Alpha LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $27,297,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VIG. Wealthfront Advisers LLC raised its holdings 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 during the period. Bank of America Corp DE raised its holdings in shares of Vanguard Dividend Appreciation ETF by 17.1% during the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock worth $4,845,498,000 after purchasing an additional 3,605,152 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Vanguard Dividend Appreciation ETF by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock worth $2,060,209,000 after purchasing an additional 832,983 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after purchasing an additional 301,772 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $197.73 on Friday. The stock has a market capitalization of $89.38 billion, a price-to-earnings ratio of 24.18 and a beta of 0.87. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $205.24. The company’s fifty day moving average is $190.19 and its two-hundred day moving average is $196.43.

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.