Pinnacle Financial Partners Inc Boosts Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pinnacle Financial Partners Inc grew its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,796 shares of the company’s stock after acquiring an additional 4,385 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $8,199,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 28.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after buying an additional 264,483 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 53.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock worth $115,016,000 after buying an additional 204,136 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 108.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock worth $68,381,000 after buying an additional 179,441 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 1.1 %

Vanguard Dividend Appreciation ETF stock opened at $201.98 on Friday. The company has a market capitalization of $87.32 billion, a P/E ratio of 24.54 and a beta of 0.78. The stock’s 50 day moving average is $199.82 and its 200 day moving average is $198.12. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24.

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.