Finward Bancorp Acquires New Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Finward Bancorp acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,427 shares of the company’s stock, valued at approximately $2,042,000. Vanguard Dividend Appreciation ETF accounts for approximately 1.8% of Finward Bancorp’s investment portfolio, making the stock its 11th largest holding.

Other large investors have also bought and sold shares of the company. Wealthfront Advisers LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after buying an additional 19,397,896 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard Dividend Appreciation ETF by 8.6% during the 4th quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after purchasing an additional 832,983 shares during the period. Vanguard Group Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock valued at $1,901,365,000 after purchasing an additional 301,772 shares during the period. Finally, LPL Financial LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 3.6% during the 4th quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock worth $1,178,171,000 after purchasing an additional 207,484 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.1 %

VIG stock opened at $186.76 on Tuesday. The stock has a 50-day simple moving average of $195.17 and a two-hundred day simple moving average of $197.95. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $205.24. The firm has a market capitalization of $83.26 billion, a PE ratio of 23.79 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.9377 per share. The ex-dividend date was Thursday, March 27th. This is a boost from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.