MAI Capital Management Increases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

MAI Capital Management increased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.5% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 899,169 shares of the company’s stock after buying an additional 13,463 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 1.7% of MAI Capital Management’s portfolio, making the stock its 10th biggest position. MAI Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $178,089,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. AMG National Trust Bank grew its stake in shares of Vanguard Dividend Appreciation ETF by 0.3% during the 3rd quarter. AMG National Trust Bank now owns 109,898 shares of the company’s stock valued at $21,766,000 after purchasing an additional 290 shares during the period. Westfuller Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $495,000. Claro Advisors LLC raised its position in Vanguard Dividend Appreciation ETF by 10.6% in the third quarter. Claro Advisors LLC now owns 3,937 shares of the company’s stock worth $780,000 after acquiring an additional 376 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth $29,000. Finally, Adero Partners LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 4.5% during the 3rd quarter. Adero Partners LLC now owns 1,402 shares of the company’s stock valued at $278,000 after acquiring an additional 60 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $198.69 on Monday. The stock’s fifty day moving average is $197.97 and its 200 day moving average is $189.87. Vanguard Dividend Appreciation ETF has a one year low of $161.43 and a one year high of $203.80. The stock has a market cap of $85.90 billion, a P/E ratio of 24.54 and a beta of 0.78.

About Vanguard Dividend Appreciation ETF

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.