Balanced Wealth Group LLC Takes Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Balanced Wealth Group LLC acquired a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,750 shares of the company’s stock, valued at approximately $1,150,000. Vanguard Dividend Appreciation ETF accounts for about 0.6% of Balanced Wealth Group LLC’s holdings, making the stock its 28th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Concord Wealth Partners raised its stake in Vanguard Dividend Appreciation ETF by 87.7% in the 3rd quarter. Concord Wealth Partners now owns 1,393 shares of the company’s stock valued at $216,000 after acquiring an additional 651 shares during the period. JB Capital LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.1% during the 3rd quarter. JB Capital LLC now owns 3,071 shares of the company’s stock valued at $477,000 after acquiring an additional 91 shares during the last quarter. Brighton Jones LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 7.7% in the third quarter. Brighton Jones LLC now owns 18,659 shares of the company’s stock worth $2,899,000 after acquiring an additional 1,332 shares during the period. Hapanowicz & Associates Financial Services Inc lifted its position in Vanguard Dividend Appreciation ETF by 3.4% during the third quarter. Hapanowicz & Associates Financial Services Inc now owns 72,239 shares of the company’s stock valued at $11,225,000 after purchasing an additional 2,349 shares during the period. Finally, Chatham Capital Group Inc. grew its position in Vanguard Dividend Appreciation ETF by 0.9% in the 3rd quarter. Chatham Capital Group Inc. now owns 58,259 shares of the company’s stock worth $9,052,000 after purchasing an additional 515 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG traded up $0.32 during midday trading on Wednesday, hitting $179.14. 626,279 shares of the stock traded hands, compared to its average volume of 988,564. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $183.52. The firm has a market capitalization of $77.45 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm has a 50-day moving average of $178.41 and a two-hundred day moving average of $171.34.

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.