Salem Investment Counselors Inc. Boosts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Salem Investment Counselors Inc. lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,101 shares of the company’s stock after purchasing an additional 351 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VIG. Headlands Technologies LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $137,000. Condor Capital Management raised its position in Vanguard Dividend Appreciation ETF by 50.4% during the 2nd quarter. Condor Capital Management now owns 3,871 shares of the company’s stock valued at $707,000 after purchasing an additional 1,297 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Dividend Appreciation ETF by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,062,053 shares of the company’s stock valued at $376,428,000 after purchasing an additional 125,155 shares during the last quarter. Breakwater Investment Management raised its position in Vanguard Dividend Appreciation ETF by 4.1% during the 2nd quarter. Breakwater Investment Management now owns 23,243 shares of the company’s stock valued at $4,243,000 after purchasing an additional 923 shares during the last quarter. Finally, Weik Capital Management raised its position in Vanguard Dividend Appreciation ETF by 6.2% during the 2nd quarter. Weik Capital Management now owns 6,875 shares of the company’s stock valued at $1,255,000 after purchasing an additional 400 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.5 %

VIG traded up $1.05 during trading on Monday, hitting $193.89. 1,468,377 shares of the company’s stock traded hands, compared to its average volume of 1,214,797. The company’s 50 day simple moving average is $199.76 and its two-hundred day simple moving average is $194.90. The stock has a market capitalization of $83.82 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12-month low of $168.65 and a 12-month high of $205.20.

Vanguard Dividend Appreciation ETF 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.