Focus Financial Network Inc. Purchases 6,853 Shares of Vanguard Dividend Appreciation ETF $VIG

Focus Financial Network Inc. lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 105,749 shares of the company’s stock after acquiring an additional 6,853 shares during the period. Vanguard Dividend Appreciation ETF comprises 0.8% of Focus Financial Network Inc.’s investment portfolio, making the stock its 22nd largest holding. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $23,241,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VIG. Clear Investment Research LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the third quarter worth $38,000. Washington Trust Advisors Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 46.9% in the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock valued at $40,000 after buying an additional 60 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth about $45,000. Delta Asset Management LLC TN bought a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth about $48,000. Finally, Ulland Investment Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $52,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $215.25 on Wednesday. The firm has a market cap of $99.87 billion, a P/E ratio of 23.32 and a beta of 0.85. The firm’s 50-day simple moving average is $223.95 and its 200-day simple moving average is $220.36. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $230.53.

Vanguard Dividend Appreciation ETF 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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.