Vanguard Dividend Appreciation ETF $VIG Shares Acquired by M&T Bank Corp

M&T Bank Corp raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 659.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,212,203 shares of the company’s stock after acquiring an additional 1,052,498 shares during the period. Vanguard Dividend Appreciation ETF makes up 0.8% of M&T Bank Corp’s holdings, making the stock its 23rd biggest holding. M&T Bank Corp owned approximately 0.26% of Vanguard Dividend Appreciation ETF worth $266,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in VIG. Investment Research & Advisory Group Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Clear Investment Research LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the third quarter valued at about $38,000. Washington Trust Advisors Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 46.9% during the third quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock valued at $40,000 after acquiring an additional 60 shares during the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the third quarter valued at about $45,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $226.17 on Wednesday. The stock has a market cap of $104.38 billion, a PE ratio of 23.32 and a beta of 0.84. The firm has a 50-day simple moving average of $221.65 and a two-hundred day simple moving average of $220.93. Vanguard Dividend Appreciation ETF has a 1-year low of $181.61 and a 1-year high of $230.53.

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.