PNC Financial Services Group Inc. Has $54 Million Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

PNC Financial Services Group Inc. increased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 272,653 shares of the company’s stock after purchasing an additional 3,198 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $54,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 33,295.6% during the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after purchasing an additional 8,748,758 shares during the period. LPL Financial LLC grew its position in Vanguard Dividend Appreciation ETF by 3.4% during the second quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock worth $1,002,904,000 after buying an additional 178,692 shares in the last quarter. HB Wealth Management LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock valued at $850,425,000 after buying an additional 199,355 shares in the last quarter. Raymond James & Associates lifted its stake in Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after purchasing an additional 178,450 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 2.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,865,298 shares of the company’s stock worth $523,060,000 after buying an additional 57,948 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $198.74 on Thursday. The stock has a market cap of $85.92 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $162.52 and a 1 year high of $203.80. The company has a 50 day simple moving average of $198.33 and a 200 day simple moving average of $190.26.

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.