Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) to Issue Quarterly Dividend of $0.93

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) announced a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, September 28th will be paid a dividend of $0.9295 per share on Wednesday, September 30th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, September 28th. This is a 6.9% decrease from Vanguard Dividend Appreciation ETF’s previous quarterly dividend of $0.9988.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $237.58 on Friday. The company has a market capitalization of $110.68 billion, a P/E ratio of 23.32 and a beta of 0.81. The company has a 50 day simple moving average of $241.07 and a 200-day simple moving average of $232.83. Vanguard Dividend Appreciation ETF has a 1 year low of $210.01 and a 1 year high of $247.45.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Several large investors have recently bought and sold shares of VIG. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Dividend Appreciation ETF by 90.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock worth $356,466,000 after purchasing an additional 715,474 shares during the last quarter. Spirit of America Management Corp NY increased its holdings in Vanguard Dividend Appreciation ETF by 18,919.1% in the second quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock valued at $89,466,000 after buying an additional 376,112 shares during the last quarter. Ascentis Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 27,930.0% in the second quarter. Ascentis Wealth Management LLC now owns 332,716 shares of the company’s stock valued at $78,727,000 after buying an additional 331,529 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard Dividend Appreciation ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock worth $2,376,736,000 after buying an additional 228,122 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV purchased a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter worth about $44,798,000.

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