Stonebridge Financial Group LLC Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Stonebridge Financial Group LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 22,426 shares of the company’s stock, valued at approximately $4,392,000.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC lifted its position in Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after acquiring an additional 314,952 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 28.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after purchasing an additional 264,483 shares during the period. Robertson Stephens Wealth Management LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 53.3% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock worth $115,016,000 after purchasing an additional 204,136 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 108.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after purchasing an additional 179,441 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.7 %

NYSEARCA:VIG opened at $203.15 on Tuesday. Vanguard Dividend Appreciation ETF has a 52 week low of $172.54 and a 52 week high of $205.20. The stock’s fifty day moving average is $199.54 and its two-hundred day moving average is $196.99. The stock has a market capitalization of $87.83 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.