Riggs Capital Management LLC Acquires Shares of 1,046 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Riggs Capital Management LLC bought a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,046 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors have also modified their holdings of the company. Curio Wealth LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $26,000. Parkworth Wealth Management Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $28,000. Providence First Trust Co bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth $33,000. Comprehensive Financial Planning Inc. PA acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $38,000. Finally, Synergy Investment Management LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $191.94 on Monday. The company’s fifty day moving average is $199.71 and its two-hundred day moving average is $199.11. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24. The stock has a market capitalization of $85.02 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.9377 dividend. The ex-dividend date is Thursday, March 27th. This is a boost from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.