First Horizon Advisors Inc. Boosts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

First Horizon Advisors Inc. raised its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,789 shares of the company’s stock after buying an additional 2,778 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $7,632,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Morgan Stanley grew its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the 3rd quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after buying an additional 190,258 shares during the period. Vanguard Group Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 7,866,159 shares of the company’s stock worth $1,222,244,000 after purchasing an additional 171,161 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2.7% during the 3rd quarter. LPL Financial LLC now owns 5,199,393 shares of the company’s stock worth $807,882,000 after purchasing an additional 134,815 shares during the period. HB Wealth Management LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 7.1% during the 4th quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock worth $655,534,000 after purchasing an additional 254,175 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 6.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,489,879 shares of the company’s stock worth $386,859,000 after purchasing an additional 144,633 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG traded up $1.72 during trading on Friday, reaching $176.94. 674,959 shares of the stock were exchanged, compared to its average volume of 995,284. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $183.52. The firm has a market cap of $76.49 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The firm’s 50-day moving average price is $178.44 and its 200 day moving average price is $170.66.

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.