Summit Global Investments Acquires Shares of 1,856 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Summit Global Investments purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, HoldingsChannel reports. The firm purchased 1,856 shares of the company’s stock, valued at approximately $316,000.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $345,621,000. HB Wealth Management LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 7.1% in the fourth quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock valued at $655,534,000 after buying an additional 254,175 shares during the period. Confluence Wealth Services Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 155.7% during the 4th quarter. Confluence Wealth Services Inc. now owns 398,995 shares of the company’s stock worth $67,989,000 after acquiring an additional 242,983 shares during the period. Creative Planning increased its holdings in Vanguard Dividend Appreciation ETF by 24.7% in the third quarter. Creative Planning now owns 971,389 shares of the company’s stock worth $150,934,000 after purchasing an additional 192,408 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Vanguard Dividend Appreciation ETF by 1.7% during the 3rd quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after acquiring an additional 190,258 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $176.94 on Monday. Vanguard Dividend Appreciation ETF has a 52-week low of $149.67 and a 52-week high of $183.52. The business’s 50 day simple moving average is $178.40 and its two-hundred day simple moving average is $171.00. The firm has a market cap of $76.49 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.