Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stock Position Raised by GM Advisory Group LLC

GM Advisory Group LLC raised its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.1% in the fourth quarter, Holdings Channel reports. The firm owned 8,947 shares of the company’s stock after buying an additional 743 shares during the period. GM Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,752,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VIG. Wealthfront Advisers LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 284.3% during the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after purchasing an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after purchasing an additional 11,312,895 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $1,024,119,000. Proficio Capital Partners LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 20,620.9% in the 4th quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock valued at $498,863,000 after acquiring an additional 2,535,136 shares in the last quarter. Finally, Independent Advisor Alliance raised its stake in shares of Vanguard Dividend Appreciation ETF by 19,950.5% in the 4th quarter. Independent Advisor Alliance now owns 397,601 shares of the company’s stock valued at $77,862,000 after acquiring an additional 395,618 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $193.86 on Wednesday. The stock’s 50 day simple moving average is $199.90 and its 200 day simple moving average is $199.02. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24. The company has a market capitalization of $85.87 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

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.