Kane Investment Management Inc. Acquires Shares of 8,050 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Kane Investment Management Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, HoldingsChannel reports. The fund bought 8,050 shares of the company’s stock, valued at approximately $1,576,000. Vanguard Dividend Appreciation ETF accounts for about 0.9% of Kane Investment Management Inc.’s investment portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VIG. Curio Wealth LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $26,000. Parkworth Wealth Management Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $28,000. Providence First Trust Co purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $38,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $186.76 on Tuesday. The business’s 50 day moving average price is $195.17 and its 200 day moving average price is $197.95. The stock has a market capitalization of $83.26 billion, a PE ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.9377 per share. The ex-dividend date was Thursday, March 27th. This is a boost from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.