Vanguard Dividend Appreciation ETF $VIG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,577,266 shares of the company’s stock after buying an additional 80,365 shares during the period. Envestnet Asset Management Inc. owned approximately 0.55% of Vanguard Dividend Appreciation ETF worth $609,833,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VIG. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $18,327,000. Sei Investments Co. lifted its stake in Vanguard Dividend Appreciation ETF by 198.4% during the first quarter. Sei Investments Co. now owns 7,564 shares of the company’s stock worth $1,627,000 after purchasing an additional 5,029 shares in the last quarter. HB Wealth Management LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 1.6% during the second quarter. HB Wealth Management LLC now owns 5,857,815 shares of the company’s stock worth $1,372,141,000 after buying an additional 94,213 shares during the period. Wealth Care LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the first quarter valued at $7,843,000. Finally, Union Savings Bank acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $1,149,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock traded down $1.25 on Wednesday, hitting $236.77. The stock had a trading volume of 745,195 shares, compared to its average volume of 1,233,152. The firm has a market capitalization of $110.30 billion, a P/E ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 1 year low of $210.01 and a 1 year high of $247.45. The company’s 50 day moving average price is $241.14 and its 200-day moving average price is $232.60.

Vanguard Dividend Appreciation ETF 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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.