Stone Point Wealth LLC Boosts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Stone Point Wealth LLC raised its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,834 shares of the company’s stock after acquiring an additional 100 shares during the period. Stone Point Wealth LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $561,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VIG. Family Firm Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $26,000. 1620 Investment Advisors Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $26,000. FPC Investment Advisory Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $30,000. Finally, Providence Capital Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $33,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $202.05 on Friday. The stock has a market capitalization of $87.35 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The business has a 50-day moving average of $196.91 and a two-hundred day moving average of $188.54. Vanguard Dividend Appreciation ETF has a 12 month low of $156.79 and a 12 month high of $202.12.

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.