Evanson Financial LLC Makes New $2.65 Million Investment in Vanguard Dividend Appreciation ETF $VIG

Evanson Financial LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,191 shares of the company’s stock, valued at approximately $2,648,000.

Several other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 92.5% in the 4th quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after purchasing an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Vanguard Dividend Appreciation ETF by 12.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock worth $992,000 after purchasing an additional 577 shares during the period. Russell Investments Group Ltd. raised its position in Vanguard Dividend Appreciation ETF by 4.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock worth $659,000 after purchasing an additional 143 shares during the period. First Trust Advisors LP lifted its stake in Vanguard Dividend Appreciation ETF by 87.1% in the second quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock worth $988,000 after purchasing an additional 2,246 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth $993,000.

Vanguard Dividend Appreciation ETF Stock Down 0.0%

NYSEARCA VIG opened at $244.37 on Friday. The company has a 50-day simple moving average of $237.18 and a two-hundred day simple moving average of $228.94. Vanguard Dividend Appreciation ETF has a 12-month low of $205.35 and a 12-month high of $245.70. The firm has a market cap of $113.72 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81.

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.