Other institutions added shares
Other institutional investors reported purchases during the same quarter. Capital CS Group LLC established a position worth approximately $252,000, while Welch Group LLC bought 104 shares, increasing its stake by 2.6% to 4,174 shares valued at $974,000.
Dala Group LLC's holdings reached 61,324 shares worth $14,308,000 after it purchased 5,433 shares, a 9.7% increase. Pinnacle Financial Group LLC IL added 1,589 shares, raising its position by 5.7% to 29,609 shares valued at $6,908,000.
Greenleaf Trust increased its stake by 17.8%, purchasing 810 shares. It ended the period with 5,364 shares worth $1,251,000.
Trading and fund performance
VIG opened Wednesday at $247.47, compared with a 12-month trading range of $210.01 to $250.19. Its 50-day simple moving average was $240.42, and its 200-day simple moving average was $232.72. The holdings report listed market capitalization of $115.82 billion, a price-to-earnings ratio of 23.32 and a beta of 0.79.
Vanguard reported a net asset value return of -1.12% for the quarter ended September 30, 2026. Over that period, the S&P U.S. Dividend Growers Index TR, which Vanguard identifies as the fund's benchmark, returned -1.11%, while the broad Russell 3000 Index gained 1.41%. VIG's year-to-date NAV return stood at 14.29% as of November 2, 2026.
Assets, income and expenses
Vanguard reported $127.7 billion in net assets across all share classes as of September 30, 2026, including $109.1 billion in the VIG ETF share class. On the same date, VIG's dividend yield was 1.60% and its 30-day SEC yield was 1.51%.
The fund's expense ratio was 0.04% as of May 28, 2026. Vanguard's September 30 fact sheet compared that cost with averages of 1.02% for Equity Income funds and 0.47% for Equity Income ETFs.
Portfolio, index descriptions and management
VIG held 333 stocks as of September 30, 2026, according to Vanguard's fact sheet. The 10 largest holdings represented 34.5% of net assets. Microsoft and Apple each accounted for 4.9%, followed by Broadcom at 4.3%, Eli Lilly at 4.1% and JPMorgan Chase at 3.9%. Information technology represented 26.7% of the portfolio, financials 21.0% and health care 18.6%.
The fund is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund and seeks to hold index constituents in approximately their index weights. The profile accompanying the holdings report identifies its target as the Dividend Achievers Select Index. Vanguard's fact sheet gives a different current benchmark, the S&P U.S. Dividend Growers Index TR, and says the fund followed the NASDAQ US Dividend Achievers Select Index, formerly the Dividend Achievers Select Index, through September 19, 2021, before switching to the S&P index.
The ETF launched on April 21, 2006. The Vanguard Group serves as its investment advisor through its Quantitative Equity Group. Vanguard's September 30, 2026 fact sheet names Kenny Narzikul and Jena Stenger as portfolio managers who have advised the fund since 2025, alongside William Coleman, who has advised it since 2026.
