Madison Investment Advisors LLC Makes New $8.64 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Madison Investment Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 44,126 shares of the company’s stock, valued at approximately $8,641,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after purchasing an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $1,024,119,000. HB Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 1.7% in the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock valued at $942,870,000 after buying an additional 82,030 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock valued at $652,725,000 after buying an additional 123,584 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.2 %

Vanguard Dividend Appreciation ETF stock opened at $194.17 on Friday. The stock has a 50-day simple moving average of $199.89 and a 200 day simple moving average of $198.95. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The stock has a market capitalization of $86.01 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

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.