Midway Capital Research & Management Takes Position in Vanguard Dividend Appreciation ETF $VIG

Midway Capital Research & Management bought a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,804 shares of the company’s stock, valued at approximately $1,056,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in Vanguard Dividend Appreciation ETF by 16.2% in the fourth quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after buying an additional 3,448,292 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Vanguard Dividend Appreciation ETF by 659.0% in the fourth quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock worth $266,418,000 after buying an additional 1,052,498 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 102.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock valued at $358,334,000 after acquiring an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $134,718,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2,949.7% in the second quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock worth $80,382,000 after purchasing an additional 379,860 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $235.19 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $198.37 and a 12-month high of $238.10. The stock has a market capitalization of $108.54 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The firm’s 50-day moving average price is $230.32 and its two-hundred day moving average price is $225.04.

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.