28,562 Shares in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Bought by Tandem Investment Partners LLC

Tandem Investment Partners LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 28,562 shares of the company’s stock, valued at approximately $5,593,000. Vanguard Dividend Appreciation ETF accounts for about 5.4% of Tandem Investment Partners LLC’s investment portfolio, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VIG. Curio Wealth LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth about $26,000. Parkworth Wealth Management Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $28,000. Providence First Trust Co bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $33,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $38,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $39,000.

Vanguard Dividend Appreciation ETF Stock Down 0.8 %

VIG stock opened at $175.67 on Tuesday. The firm has a market cap of $78.31 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. The company’s fifty day simple moving average is $198.01 and its 200 day simple moving average is $198.73. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

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

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.