Franklin Resources Inc. Increases Stock Position in Vanguard Dividend Appreciation ETF $VIG

Franklin Resources Inc. grew its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.6% in the fourth quarter, HoldingsChannel reports. The firm owned 451,838 shares of the company’s stock after buying an additional 6,971 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $99,305,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Investment Research & Advisory Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Garner Asset Management Corp purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $35,000. Finally, Murphy & Mullick Capital Management Corp grew its position in shares of Vanguard Dividend Appreciation ETF by 158.7% during the fourth quarter. Murphy & Mullick Capital Management Corp now owns 163 shares of the company’s stock valued at $36,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 1.0%

Shares of Vanguard Dividend Appreciation ETF stock opened at $231.71 on Thursday. The firm has a market cap of $106.93 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The business has a 50-day moving average price of $227.71 and a 200-day moving average price of $224.29. Vanguard Dividend Appreciation ETF has a twelve month low of $198.37 and a twelve month high of $236.71.

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.