NewCorp Financial Services Inc. Acquires Shares of 3,733 Vanguard Dividend Appreciation ETF $VIG

NewCorp Financial Services Inc. acquired a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,733 shares of the company’s stock, valued at approximately $820,000. Vanguard Dividend Appreciation ETF comprises approximately 0.7% of NewCorp Financial Services Inc.’s holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. M&T Bank Corp boosted its position in Vanguard Dividend Appreciation ETF by 659.0% in the 4th quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock valued at $266,418,000 after buying an additional 1,052,498 shares during the last quarter. Corient Private Wealth LLC boosted its position in 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 buying an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $134,718,000. Wealthfront Advisers LLC boosted its position in Vanguard Dividend Appreciation ETF by 5.5% in the 3rd quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock valued at $2,069,881,000 after buying an additional 502,464 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in Vanguard Dividend Appreciation ETF by 2,949.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after buying an additional 379,860 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $234.65 on Monday. Vanguard Dividend Appreciation ETF has a one year low of $195.95 and a one year high of $234.83. The company’s 50-day simple moving average is $224.42 and its 200-day simple moving average is $223.28. The stock has a market capitalization of $108.29 billion, a price-to-earnings 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.