LM Advisors LLC Increases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

LM Advisors LLC boosted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 93,633 shares of the company’s stock after buying an additional 8,516 shares during the period. Vanguard Dividend Appreciation ETF comprises about 3.0% of LM Advisors LLC’s portfolio, making the stock its 8th biggest holding. LM Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Curio Wealth LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $26,000. Parkworth Wealth Management Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $28,000. Providence First Trust Co acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $33,000. Comprehensive Financial Planning Inc. PA bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth $38,000. Finally, Synergy Investment Management LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $195.58 on Thursday. Vanguard Dividend Appreciation ETF has a 52-week low of $173.17 and a 52-week high of $205.24. The firm has a market cap of $86.63 billion, a P/E ratio of 24.18 and a beta of 0.85. The business’s fifty day moving average is $199.91 and its 200-day moving average is $199.07.

Vanguard Dividend Appreciation ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.9377 per share. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date of this dividend is Thursday, March 27th.

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.