Beacon Investment Advisory Services Inc. Has $16.58 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Beacon Investment Advisory Services Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 83,727 shares of the company’s stock after purchasing an additional 7,493 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $16,583,000 as of its most recent SEC filing.

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

Vanguard Dividend Appreciation ETF Trading Up 0.4 %

Shares of Vanguard Dividend Appreciation ETF stock opened at $204.68 on Monday. The company has a market cap of $88.49 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The company’s fifty day simple moving average is $199.32 and its 200-day simple moving average is $191.46. Vanguard Dividend Appreciation ETF has a 1 year low of $163.03 and a 1 year high of $205.20.

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.