Royal Bank of Canada Boosts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Royal Bank of Canada grew its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.1% during the 4th quarter, HoldingsChannel reports. The fund owned 3,697,234 shares of the company’s stock after buying an additional 3,717 shares during the period. Royal Bank of Canada’s holdings in Vanguard Dividend Appreciation ETF were worth $724,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Wealthfront Advisers LLC boosted 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 acquiring an additional 19,397,896 shares during the period. Bank of America Corp DE boosted 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 acquiring an additional 3,605,152 shares during the period. Strategic Financial Concepts LLC boosted 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 acquiring an additional 11,312,895 shares during the period. Wells Fargo & Company MN grew its position in Vanguard Dividend Appreciation ETF by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock worth $2,060,209,000 after buying an additional 832,983 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Vanguard Dividend Appreciation ETF by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after buying an additional 301,772 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.2%

Vanguard Dividend Appreciation ETF stock opened at $197.68 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $205.24. The business has a 50-day simple moving average of $189.55 and a 200 day simple moving average of $196.56. The stock has a market cap of $89.35 billion, a price-to-earnings ratio of 24.18 and a beta of 0.87.

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.