Keystone Financial Group Inc. Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Keystone Financial Group Inc. bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 35,299 shares of the company’s stock, valued at approximately $6,913,000. Vanguard Dividend Appreciation ETF accounts for about 5.6% of Keystone Financial Group Inc.’s portfolio, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in VIG. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter worth $29,000. Bank of New Hampshire increased its stake in Vanguard Dividend Appreciation ETF by 244.4% during the 4th quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after buying an additional 154 shares during the period. Bangor Savings Bank lifted its holdings in Vanguard Dividend Appreciation ETF by 41.0% in the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after buying an additional 64 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $48,000. Finally, Morton Brown Family Wealth LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 661.8% during the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock valued at $51,000 after acquiring an additional 225 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $203.54 on Friday. The stock has a market cap of $87.99 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $172.54 and a one year high of $205.20. The business’s 50-day simple moving average is $199.60 and its 200 day simple moving average is $196.71.

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.