Cascades Capital Asset Management LLC Has $24.53 Million Position in Vanguard Dividend Appreciation ETF $VIG

Cascades Capital Asset Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 111,622 shares of the company’s stock after buying an additional 11,575 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 10.3% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its largest position. Cascades Capital Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $24,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VIG. Brighton Jones LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 92.5% during the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after buying an additional 16,606 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 12.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after buying an additional 577 shares during the period. Russell Investments Group Ltd. increased its position in shares of Vanguard Dividend Appreciation ETF by 4.7% during the second quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock valued at $659,000 after buying an additional 143 shares during the period. First Trust Advisors LP increased its position in shares of Vanguard Dividend Appreciation ETF by 87.1% during the second quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after buying an additional 2,246 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at about $993,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $228.79 on Wednesday. Vanguard Dividend Appreciation ETF has a 1 year low of $193.01 and a 1 year high of $230.53. The company’s 50-day moving average is $221.73 and its 200 day moving average is $221.96. The stock has a market capitalization of $105.58 billion, a P/E ratio of 23.32 and a beta of 0.82.

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.