AlphaStar Capital Management LLC Acquires Shares of 3,814 Vanguard Dividend Appreciation ETF $VIG

AlphaStar Capital Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,814 shares of the company’s stock, valued at approximately $781,000.

A number of other institutional investors have also recently bought and sold shares of VIG. Vanguard Group Inc. raised its position in Vanguard Dividend Appreciation ETF by 4.6% in the first quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock worth $1,971,022,000 after acquiring an additional 451,169 shares during the period. Wealthfront Advisers LLC raised its position in Vanguard Dividend Appreciation ETF by 19.5% in the second quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock worth $1,860,377,000 after acquiring an additional 1,486,369 shares during the period. LPL Financial LLC raised its position in Vanguard Dividend Appreciation ETF by 4.5% in the first quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock worth $1,219,309,000 after acquiring an additional 269,131 shares during the period. HB Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF by 9.9% in the first quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock worth $1,027,305,000 after acquiring an additional 480,314 shares during the period. Finally, Raymond James Financial Inc. raised its position in Vanguard Dividend Appreciation ETF by 1.9% in the first quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock worth $1,033,848,000 after acquiring an additional 99,758 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $217.06 on Friday. The firm has a market cap of $98.41 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $220.49. The firm’s 50-day simple moving average is $215.22 and its two-hundred day simple moving average is $205.57.

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.