GK Wealth Management LLC Takes $2.32 Million Position in Vanguard Dividend Appreciation ETF $VIG

GK Wealth Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 9,808 shares of the company’s stock, valued at approximately $2,321,000. Vanguard Dividend Appreciation ETF comprises approximately 1.2% of GK Wealth Management LLC’s investment portfolio, making the stock its 18th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Scarborough Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at $28,000. AG Campbell Advisory LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $30,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $31,000. Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $31,000. Finally, Garner Asset Management Corp acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $35,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $243.92 on Wednesday. Vanguard Dividend Appreciation ETF has a one year low of $205.35 and a one year high of $244.25. The company has a market cap of $113.52 billion, a P/E ratio of 23.32 and a beta of 0.81. The business’s 50-day simple moving average is $236.75 and its 200-day simple moving average is $228.67.

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