Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 236.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,109 shares of the company’s stock after buying an additional 18,349 shares during the quarter. Diversify Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,182,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Family Firm Inc. acquired a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the first quarter worth approximately $26,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the second quarter worth $26,000. FPC Investment Advisory Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the first quarter worth $30,000. Finally, Providence Capital Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at $33,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG traded up $0.50 during mid-day trading on Wednesday, reaching $197.85. 182,395 shares of the company’s stock were exchanged, compared to its average volume of 817,650. The company’s 50-day moving average is $196.53 and its 200-day moving average is $187.69. The firm has a market capitalization of $85.53 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $151.77 and a 52-week high of $201.85.

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.