Parallel Advisors LLC Buys 3,167 Shares of Vanguard Dividend Appreciation ETF $VIG

Parallel Advisors LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.7% during the first quarter, HoldingsChannel reports. The firm owned 58,338 shares of the company’s stock after acquiring an additional 3,167 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $12,546,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Vanguard Dividend Appreciation ETF by 16.2% during the fourth quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after buying an additional 3,448,292 shares during the last quarter. M&T Bank Corp grew its position in shares of Vanguard Dividend Appreciation ETF by 659.0% in the 4th quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock valued at $266,418,000 after acquiring an additional 1,052,498 shares during the period. Corient Private Wealth LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 102.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock valued at $358,334,000 after acquiring an additional 887,305 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth about $134,718,000. Finally, Orion Porfolio Solutions LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 2,949.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock worth $80,382,000 after purchasing an additional 379,860 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $243.92 on Wednesday. The firm’s 50-day moving average is $236.75 and its 200-day moving average is $228.67. The stock has a market cap of $113.52 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52-week low of $205.35 and a 52-week high of $244.25.

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