Merit Financial Group LLC increased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG – Free Report) by 9.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 71,925 shares of the company’s stock after buying an additional 6,506 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $14,721,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of VIG. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter worth about $31,000. Proathlete Wealth Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth about $35,000. Graybill Wealth Management LTD. acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter worth about $37,000. GW&K Investment Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter worth about $37,000. Finally, Proffitt & Goodson Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter worth about $38,000.
Vanguard Dividend Appreciation ETF Trading Up 0.4%
Shares of NYSEARCA VIG opened at $217.79 on Friday. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92. The company has a market capitalization of $98.81 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The firm has a 50-day moving average of $211.64 and a two-hundred day moving average of $201.54.
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.
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Want to see what other hedge funds are holding VIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG – Free Report).
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