Fifth Third Bancorp Purchases 95,384 Shares of Vanguard Dividend Appreciation ETF $VIG

Fifth Third Bancorp raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 19.5% during the first quarter, Holdings Channel.com reports. The fund owned 584,358 shares of the company’s stock after purchasing an additional 95,384 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Dividend Appreciation ETF were worth $125,672,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in Vanguard Dividend Appreciation ETF by 16.2% during the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after purchasing an additional 3,448,292 shares during the period. Morgan Stanley grew its position in shares of Vanguard Dividend Appreciation ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after buying an additional 247,444 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after buying an additional 228,122 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after buying an additional 130,639 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.0% during the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after acquiring an additional 287,085 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG traded up $0.22 during trading hours on Friday, hitting $238.84. The company had a trading volume of 780,215 shares, compared to its average volume of 1,344,967. The company has a market capitalization of $111.15 billion, a PE ratio of 23.32 and a beta of 0.82. The stock has a 50-day moving average price of $233.77 and a 200 day moving average price of $226.68. Vanguard Dividend Appreciation ETF has a 52 week low of $203.17 and a 52 week high of $240.08.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.