Titleist Asset Management LLC Takes $3.87 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Titleist Asset Management LLC purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,771 shares of the company’s stock, valued at approximately $3,872,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Live Oak Private Wealth LLC grew its holdings in Vanguard Dividend Appreciation ETF by 4.5% during the fourth quarter. Live Oak Private Wealth LLC now owns 1,165 shares of the company’s stock worth $228,000 after acquiring an additional 50 shares during the period. Birchcreek Wealth Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 0.7% during the fourth quarter. Birchcreek Wealth Management LLC now owns 7,028 shares of the company’s stock worth $1,376,000 after buying an additional 50 shares in the last quarter. FineMark National Bank & Trust grew its position in Vanguard Dividend Appreciation ETF by 0.5% during the fourth quarter. FineMark National Bank & Trust now owns 10,466 shares of the company’s stock valued at $2,050,000 after buying an additional 50 shares during the period. Chicago Partners Investment Group LLC increased its holdings in Vanguard Dividend Appreciation ETF by 0.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 15,321 shares of the company’s stock valued at $3,000,000 after buying an additional 52 shares in the last quarter. Finally, Bruce G. Allen Investments LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 3.9% in the fourth quarter. Bruce G. Allen Investments LLC now owns 1,425 shares of the company’s stock worth $279,000 after acquiring an additional 53 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 5.7 %

NYSEARCA:VIG opened at $177.07 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The stock’s 50-day moving average price is $198.53 and its 200-day moving average price is $198.87. The stock has a market capitalization of $78.94 billion, a PE ratio of 23.79 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.9377 dividend. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date of this dividend was Thursday, March 27th.

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.