IFP Advisors Inc Raises Position in Vanguard Dividend Appreciation ETF $VIG

IFP Advisors Inc boosted its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,943 shares of the company’s stock after purchasing an additional 5,199 shares during the period. IFP Advisors Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $26,015,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VIG. Bank of America Corp DE grew its stake in shares of Vanguard Dividend Appreciation ETF by 16.2% during the fourth quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after buying an additional 3,448,292 shares during the last quarter. Morgan Stanley increased its stake in Vanguard Dividend Appreciation ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock worth $2,807,477,000 after purchasing an additional 247,444 shares during the period. Wells Fargo & Company MN lifted its position in Vanguard Dividend Appreciation ETF by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after purchasing an additional 228,122 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Dividend Appreciation ETF by 0.5% in the fourth quarter. LPL Financial LLC now owns 6,909,821 shares of the company’s stock valued at $1,518,640,000 after purchasing an additional 31,765 shares during the last quarter. Finally, HB Wealth Management LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 1.6% during the second quarter. HB Wealth Management LLC now owns 5,857,815 shares of the company’s stock valued at $1,372,141,000 after purchasing an additional 94,213 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $240.11 on Wednesday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $210.01 and a fifty-two week high of $247.45. The firm has a market cap of $111.74 billion, a PE ratio of 23.32 and a beta of 0.81. The business has a 50 day moving average price of $241.22 and a 200-day moving average price of $231.82.

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.