Focus Financial Network Inc. Has $19.06 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Focus Financial Network Inc. grew its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,307 shares of the company’s stock after purchasing an additional 7,416 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 0.8% of Focus Financial Network Inc.’s investment portfolio, making the stock its 25th largest holding. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $19,056,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its position in Vanguard Dividend Appreciation ETF by 21,353.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after acquiring an additional 11,312,895 shares during the last quarter. LPL Financial LLC grew its holdings in 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 in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Vanguard Dividend Appreciation ETF by 28.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after acquiring an additional 264,483 shares during the period. Robertson Stephens Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 53.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock worth $115,016,000 after purchasing an additional 204,136 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 108.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after purchasing an additional 179,441 shares during the period.

Vanguard Dividend Appreciation ETF Trading Up 0.7 %

Shares of VIG opened at $203.15 on Tuesday. Vanguard Dividend Appreciation ETF has a 12 month low of $172.54 and a 12 month high of $205.20. The firm’s 50 day moving average is $199.54 and its 200-day moving average is $196.99. The stock has a market capitalization of $87.83 billion, a PE ratio of 24.54 and a beta of 0.78.

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.