Vanguard Specialized Funds - Vanguard Dividend Appreciation ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. It seeks to track the performance of the S&P U.S. Dividend Growers Index, by using full replication technique. Vanguard Specialized Funds - Vanguard Dividend Appreciation ETF was formed on April 21, 2006 and is domiciled in the United States.

Broadcom Inc.

Apple Inc.

Microsoft Corporation

JPMorgan Chase & Co.

Eli Lilly and Company

Exxon Mobil Corporation

Johnson & Johnson

Visa Inc.

Walmart Inc.

Mastercard Incorporated

Technology

Financial Services

Healthcare

Industrials

Consumer Defensive

Consumer Cyclical

Basic Materials

Energy

Utilities

Cash & Others

Vanguard Dividend Appreciation Index Fund ETF Shares

VIG Holdings & Sector Breakdown