Baird Financial Group Inc. Has $129.04 Million Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Baird Financial Group Inc. raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 658,932 shares of the company’s stock after buying an additional 3,756 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $129,039,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 121.5% in the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after purchasing an additional 3,353 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Vanguard Dividend Appreciation ETF by 21.1% in the 4th quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock valued at $594,000 after acquiring an additional 529 shares in the last quarter. M3 Advisory Group LLC boosted its position in Vanguard Dividend Appreciation ETF by 4.3% during the 4th quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock worth $11,201,000 after acquiring an additional 2,375 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $1,024,119,000. Finally, FSC Wealth Advisors LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 15.3% during the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock worth $6,845,000 after acquiring an additional 4,626 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.5 %

Shares of VIG stock opened at $193.02 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $205.24. The company’s fifty day simple moving average is $190.57 and its 200-day simple moving average is $196.86. The firm has a market cap of $86.83 billion, a PE ratio of 22.55 and a beta of 0.86.

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.