Fifth Third Bancorp Decreases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Fifth Third Bancorp trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 556,177 shares of the company’s stock after selling 12,663 shares during the quarter. Fifth Third Bancorp owned about 0.13% of Vanguard Dividend Appreciation ETF worth $108,916,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. 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 valued at $1,150,493,000 after buying an additional 314,952 shares during the period. HB Wealth Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 1.7% during the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after acquiring an additional 82,030 shares during the last quarter. Raymond James & Associates raised its position in Vanguard Dividend Appreciation ETF by 5.1% in the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after purchasing an additional 178,450 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Dividend Appreciation ETF by 3.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock valued at $652,725,000 after purchasing an additional 123,584 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.8% during the 3rd quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock worth $438,024,000 after purchasing an additional 39,560 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $202.27 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $172.30 and a 12 month high of $205.20. The stock has a market capitalization of $87.45 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm’s 50-day moving average is $199.44 and its two-hundred day moving average is $195.70.

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.