Summit Wealth Partners LLC Makes New Investment in Vanguard Dividend Appreciation ETF $VIG

Summit Wealth Partners LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,983 shares of the company’s stock, valued at approximately $642,000.

A number of other hedge funds have also made changes to their positions in the company. AG Campbell Advisory LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $30,000. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Lloyd Advisory Services LLC. acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $31,000. Finally, Garner Asset Management Corp acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $35,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $235.41 on Tuesday. Vanguard Dividend Appreciation ETF has a 12-month low of $198.37 and a 12-month high of $238.10. The company has a market capitalization of $108.64 billion, a PE ratio of 23.32 and a beta of 0.82. The firm’s 50-day moving average is $230.57 and its two-hundred day moving average is $225.18.

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.