Objective Capital Management LLC Makes New $1.53 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Objective Capital Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 7,738 shares of the company’s stock, valued at approximately $1,533,000.

Other large investors have also recently added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the second quarter worth about $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter worth approximately $26,000. 1620 Investment Advisors Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter worth approximately $26,000. FPC Investment Advisory Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter worth approximately $30,000. Finally, Providence Capital Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter worth approximately $33,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock traded up $1.32 during trading hours on Friday, reaching $203.07. 919,862 shares of the company were exchanged, compared to its average volume of 821,774. Vanguard Dividend Appreciation ETF has a fifty-two week low of $156.79 and a fifty-two week high of $203.72. The stock’s fifty day moving average is $197.20 and its two-hundred day moving average is $188.82. The company has a market cap of $87.79 billion, a price-to-earnings 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.