SVB Wealth LLC Invests $4.01 Million in Vanguard Dividend Appreciation ETF $VIG

SVB Wealth LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,574 shares of the company’s stock, valued at approximately $4,006,000.

Other hedge funds have also recently bought and sold shares of the company. Curio Wealth LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 4,300.0% during the second quarter. Curio Wealth LLC now owns 132 shares of the company’s stock worth $27,000 after acquiring an additional 129 shares during the period. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $31,000. Proathlete Wealth Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at about $35,000. TFC Financial Management Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF by 526.7% during the second quarter. TFC Financial Management Inc. now owns 188 shares of the company’s stock worth $39,000 after buying an additional 158 shares during the period. Finally, Flaharty Asset Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter worth about $38,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $221.59 on Monday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $222.81. The stock’s 50 day moving average price is $217.47 and its two-hundred day moving average price is $210.53. The stock has a market capitalization of $100.46 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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.