Park Avenue Securities LLC Raises Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Park Avenue Securities LLC boosted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 363,179 shares of the company’s stock after buying an additional 16,478 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 0.7% of Park Avenue Securities LLC’s portfolio, making the stock its 20th largest holding. Park Avenue Securities LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $71,121,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kathmere Capital Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 34.9% in the 4th quarter. Kathmere Capital Management LLC now owns 2,542 shares of the company’s stock valued at $498,000 after buying an additional 657 shares in the last quarter. San Luis Wealth Advisors LLC lifted its stake in Vanguard Dividend Appreciation ETF by 11.0% in the 4th quarter. San Luis Wealth Advisors LLC now owns 35,443 shares of the company’s stock valued at $6,941,000 after buying an additional 3,519 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in Vanguard Dividend Appreciation ETF by 53.9% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 66,070 shares of the company’s stock worth $12,938,000 after purchasing an additional 23,135 shares in the last quarter. Crane Advisory LLC lifted its stake in Vanguard Dividend Appreciation ETF by 6.5% in the 4th quarter. Crane Advisory LLC now owns 138,643 shares of the company’s stock worth $27,198,000 after purchasing an additional 8,458 shares in the last quarter. Finally, Ignite Planners LLC lifted its stake in Vanguard Dividend Appreciation ETF by 1.5% in the 4th quarter. Ignite Planners LLC now owns 4,908 shares of the company’s stock worth $963,000 after purchasing an additional 73 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $195.18 on Wednesday. The company’s 50 day simple moving average is $199.72 and its two-hundred day simple moving average is $195.06. Vanguard Dividend Appreciation ETF has a 1-year low of $168.65 and a 1-year high of $205.20. The firm has a market capitalization of $84.38 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.