Maryland Capital Advisors Inc. Acquires New Holdings in Vanguard Dividend Appreciation ETF $VIG

Maryland Capital Advisors Inc. acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,002 shares of the company’s stock, valued at approximately $710,000. Vanguard Dividend Appreciation ETF makes up about 0.2% of Maryland Capital Advisors Inc.’s holdings, making the stock its 17th largest holding.

A number of other hedge funds also recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in shares of 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 valued at $5,437,287,000 after buying an additional 3,448,292 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard Dividend Appreciation ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after buying an additional 247,444 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock worth $2,376,736,000 after acquiring an additional 228,122 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after acquiring an additional 130,639 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Vanguard Dividend Appreciation ETF by 3.0% during the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after acquiring an additional 287,085 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $245.38 on Monday. The company has a market cap of $114.19 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a twelve month low of $208.55 and a twelve month high of $247.45. The company has a 50 day moving average of $238.48 and a two-hundred day moving average of $229.86.

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