The Manufacturers Life Insurance Company Decreases Position in Vanguard Dividend Appreciation ETF $VIG

The Manufacturers Life Insurance Company cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 791,019 shares of the company’s stock after selling 103,977 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.17% of Vanguard Dividend Appreciation ETF worth $170,115,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of Vanguard Dividend Appreciation ETF by 16.2% in 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 acquiring an additional 3,448,292 shares in the last quarter. Morgan Stanley increased its position in shares of Vanguard Dividend Appreciation ETF by 2.0% during the fourth quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after purchasing an additional 247,444 shares in the last quarter. Wells Fargo & Company MN raised its stake in Vanguard Dividend Appreciation ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after purchasing an additional 228,122 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after purchasing an additional 130,639 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 3.0% in the 4th quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after purchasing an additional 287,085 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.8%

Shares of VIG opened at $241.74 on Wednesday. Vanguard Dividend Appreciation ETF has a 52-week low of $203.17 and a 52-week high of $242.58. The firm’s fifty day moving average is $235.93 and its two-hundred day moving average is $228.11. The stock has a market cap of $112.50 billion, a PE ratio of 23.32 and a beta of 0.82.

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.