Maloon Powers Pitre Higgins & Dennehy LLC Takes Position in Vanguard Dividend Appreciation ETF $VIG

by · The Markets Daily

Maloon Powers Pitre Higgins & Dennehy LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIGFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 77,453 shares of the company’s stock, valued at approximately $18,327,000. Vanguard Dividend Appreciation ETF accounts for approximately 6.3% of Maloon Powers Pitre Higgins & Dennehy LLC’s holdings, making the stock its 3rd largest position.

A number of other institutional investors have also added to or reduced their stakes in VIG. Bank of America Corp DE grew its holdings in shares of 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 worth $5,437,287,000 after purchasing an additional 3,448,292 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 102.8% in the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock valued at $358,334,000 after purchasing an additional 887,305 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at $134,718,000. Orion Porfolio Solutions LLC lifted its position in Vanguard Dividend Appreciation ETF by 2,949.7% in the second 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 period. Finally, Spirit of America Management Corp NY lifted its position in Vanguard Dividend Appreciation ETF by 18,919.1% in the second quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock worth $89,466,000 after purchasing an additional 376,112 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $242.02 on Friday. The company has a market capitalization of $112.63 billion, a P/E ratio of 23.32 and a beta of 0.81. The firm’s fifty day moving average price is $241.03 and its two-hundred day moving average price is $231.60. Vanguard Dividend Appreciation ETF has a fifty-two week low of $210.01 and a fifty-two week high of $247.45.

Vanguard Dividend Appreciation ETF Company Profile

(Free Report)

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.

Further Reading

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