M.E. Allison & CO. Inc. Buys 407 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

M.E. Allison & CO. Inc. grew its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.1% during the 1st quarter, HoldingsChannel reports. The fund owned 8,428 shares of the company’s stock after purchasing an additional 407 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 1.6% of M.E. Allison & CO. Inc.’s holdings, making the stock its 13th biggest position. M.E. Allison & CO. Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,635,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after acquiring an additional 19,397,896 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 17.1% during the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock valued at $4,845,498,000 after purchasing an additional 3,605,152 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after purchasing an additional 832,983 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock valued at $1,901,365,000 after purchasing an additional 301,772 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $1,253,526,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $200.46 on Monday. The company has a market cap of $90.37 billion, a P/E ratio of 24.18 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24. The stock’s fifty day moving average price is $192.70 and its 200-day moving average price is $196.29.

Vanguard Dividend Appreciation ETF Company 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.