Cornerstone Wealth Management LLC Has $18.14 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cornerstone Wealth Management LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,332 shares of the company’s stock after buying an additional 2,152 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 1.5% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Cornerstone Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,139,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VIG. Dupree Financial Group LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 3.2% in the first quarter. Dupree Financial Group LLC now owns 13,956 shares of the company’s stock worth $2,549,000 after purchasing an additional 430 shares during the period. Madrona Financial Services LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 31.7% in the first quarter. Madrona Financial Services LLC now owns 2,984 shares of the company’s stock worth $545,000 after purchasing an additional 718 shares during the period. Norden Group LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter worth approximately $422,000. OMNI 360 Wealth Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF by 3.0% in the first quarter. OMNI 360 Wealth Inc. now owns 3,539 shares of the company’s stock worth $646,000 after purchasing an additional 104 shares during the period. Finally, Valeo Financial Advisors LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 9.7% in the first quarter. Valeo Financial Advisors LLC now owns 5,706 shares of the company’s stock worth $1,042,000 after purchasing an additional 503 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG traded up $0.24 during mid-day trading on Thursday, reaching $183.51. The stock had a trading volume of 460,158 shares, compared to its average volume of 913,424. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $186.30. The business has a fifty day moving average of $181.21 and a 200 day moving average of $177.37. The firm has a market cap of $79.34 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.