Nixon Peabody Trust Co. Makes New Investment in Vanguard Dividend Appreciation ETF $VIG

Nixon Peabody Trust Co. purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 4,076 shares of the company’s stock, valued at approximately $964,000.

Several other institutional investors and hedge funds have also modified their holdings of VIG. Bank of America Corp DE increased its stake in shares of Vanguard Dividend Appreciation ETF by 16.2% in 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 holdings in Vanguard Dividend Appreciation ETF by 102.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after purchasing an additional 887,305 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at $134,718,000. Orion Porfolio Solutions LLC lifted its position in Vanguard Dividend Appreciation ETF by 2,949.7% during the second quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after purchasing an additional 379,860 shares in the last quarter. Finally, Spirit of America Management Corp NY grew its holdings in Vanguard Dividend Appreciation ETF by 18,919.1% during the second quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock valued at $89,466,000 after purchasing an additional 376,112 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $243.91 on Friday. The stock has a 50-day simple moving average of $239.49 and a two-hundred day simple moving average of $230.52. The firm has a market capitalization of $113.51 billion, a PE ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52-week low of $208.73 and a 52-week high of $247.45.

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