Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Boosted by Studio Investment Management LLC

Studio Investment Management LLC boosted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,373 shares of the company’s stock after acquiring an additional 2,607 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 5.9% of Studio Investment Management LLC’s holdings, making the stock its 3rd biggest holding. Studio Investment Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $27,919,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VIG. Family Firm Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $25,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $26,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $29,000. Providence Capital Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth approximately $33,000. Finally, HighMark Wealth Management LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 371.8% during the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.2 %

Shares of VIG stock opened at $201.14 on Friday. The stock has a market cap of $86.96 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The business’s fifty day moving average is $198.46 and its 200 day moving average is $190.33. Vanguard Dividend Appreciation ETF has a twelve month low of $162.98 and a twelve month high of $203.80.

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.