Cornerstone Wealth Management LLC Boosts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cornerstone Wealth Management LLC grew its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,332 shares of the company’s stock after purchasing an additional 2,152 shares during the period. Vanguard Dividend Appreciation ETF makes up about 1.5% of Cornerstone Wealth Management LLC’s holdings, making the stock its 10th biggest position. Cornerstone Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,139,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VIG. Facet Wealth Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 19.6% during the 4th quarter. Facet Wealth Inc. now owns 3,520 shares of the company’s stock worth $613,000 after acquiring an additional 577 shares during the period. Raab & Moskowitz Asset Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 3.9% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 37,720 shares of the company’s stock worth $6,428,000 after acquiring an additional 1,420 shares during the period. Claro Advisors LLC increased its holdings in Vanguard Dividend Appreciation ETF by 4.5% during the 4th quarter. Claro Advisors LLC now owns 2,241 shares of the company’s stock worth $382,000 after acquiring an additional 97 shares during the period. AIMZ Investment Advisors LLC increased its holdings in Vanguard Dividend Appreciation ETF by 1.4% during the 4th quarter. AIMZ Investment Advisors LLC now owns 8,831 shares of the company’s stock worth $1,505,000 after acquiring an additional 122 shares during the period. Finally, Trademark Financial Management LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $669,000.

Vanguard Dividend Appreciation ETF Stock Performance

Vanguard Dividend Appreciation ETF stock traded up $0.24 during midday trading on Thursday, reaching $183.51. 460,158 shares of the stock were exchanged, compared to its average volume of 913,424. The company’s fifty day moving average is $181.21 and its 200-day moving average is $177.37. The firm has a market cap of $79.34 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $186.30.

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.