Osaic Holdings Inc. Augments Stake in Vanguard Dividend Appreciation ETF

Osaic Holdings Inc., an investment firm, has heightened its investment in the Vanguard Dividend Appreciation ETF (VIG) by 16.7% in the 2nd quarter, as detailed in its latest Form 13F filing with the Securities and Exchange Commission. The purchase of an additional 265,222 shares brings Osaic Holdings Inc.'s total ownership to 1,852,793 shares. Consequently, the firm's stake in the ETF is valued at approximately $257.9 million, signifying a 0.43% ownership of the total shares.

Investment Changes by Other Major Holders

Alongside Osaic Holdings Inc., other significant investors have also shifted their stakes in VIG. Moneta Group Investment Advisors LLC drastically increased their shares by 131,442.0% in the 4th quarter, setting their total at 11,075,838 shares. Vanguard Group Inc. boosted their share count by 5.0% in the first quarter. UBS Group AG raised its shares marginally by 0.6% in the same quarter, while Wealthfront Advisers LLC amped up their holdings by 3.9%. Moreover, LPL Financial LLC adjusted its holding up by 1.6% in the 2nd quarter.

VIG's Stock Performance Insights

The Vanguard Dividend Appreciation ETF saw its shares trade up by $0.22, hitting $162.39. It experienced a trade volume of 895,770 shares, which stands below its average volume of 1,156,207. The ETF's performance has been stable with a 50-day moving average of $157.06 and a 200-day moving average of $159.15. Its market cap reaches $69.37 billion, with a P/E ratio of 20.10 and a beta of 0.85, reflecting relatively lower volatility. The ETF's price has fluctuated between a 52-week low of $146.17 and a 52-week high of $167.33.

About Vanguard Dividend Appreciation ETF

The goal of the Vanguard Dividend Appreciation ETF is to mirror the performance of the Dividend Achievers Select Index. As an exchange-traded share class of Vanguard Dividend Appreciation Index Fund, VIG includes a diverse portfolio intended to closely follow the index's composition.

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