SVRN Asset Management LLC Buys New Shares in Vanguard Dividend Appreciation ETF $VIG

SVRN Asset Management LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,083 shares of the company’s stock, valued at approximately $897,000. Vanguard Dividend Appreciation ETF comprises about 0.7% of SVRN Asset Management LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Lloyd Advisory Services LLC. purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Investment Research & Advisory Group Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Garner Asset Management Corp purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $35,000. Finally, Murphy & Mullick Capital Management Corp grew its position in 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 acquiring an additional 100 shares during the period.

Vanguard Dividend Appreciation ETF Trading Up 0.5%

VIG stock opened at $235.73 on Friday. The stock has a 50-day moving average price of $228.50 and a two-hundred day moving average price of $224.51. Vanguard Dividend Appreciation ETF has a 12-month low of $198.37 and a 12-month high of $236.71. The company has a market cap of $108.79 billion, a PE 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.