Vivaldi Capital Management LP Boosts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Vivaldi Capital Management LP raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,213 shares of the company’s stock after purchasing an additional 1,055 shares during the period. Vivaldi Capital Management LP’s holdings in Vanguard Dividend Appreciation ETF were worth $1,658,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VIG. Wealthfront Advisers LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after buying an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $1,253,526,000. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $1,024,119,000. Finally, Bank of America Corp DE raised its position in shares of Vanguard Dividend Appreciation ETF by 17.1% in the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock valued at $4,845,498,000 after buying an additional 3,605,152 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.7%

Shares of NYSEARCA VIG opened at $199.09 on Monday. The firm has a 50-day simple moving average of $189.66 and a 200-day simple moving average of $196.59. The stock has a market capitalization of $89.99 billion, a price-to-earnings ratio of 24.18 and a beta of 0.87. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $205.24.

About Vanguard Dividend Appreciation ETF

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.