CDM Financial Counseling Services Inc. Invests $5.38 Million in Vanguard Dividend Appreciation ETF $VIG

CDM Financial Counseling Services Inc. purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 24,461 shares of the company’s stock, valued at approximately $5,376,000. Vanguard Dividend Appreciation ETF accounts for 5.0% of CDM Financial Counseling Services Inc.’s portfolio, making the stock its 4th biggest position.

Several other hedge funds have also recently modified their holdings of the business. TD Private Client Wealth LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 1.3% in the 4th quarter. TD Private Client Wealth LLC now owns 469,285 shares of the company’s stock worth $103,139,000 after purchasing an additional 6,069 shares during the period. Evensky & Katz LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 0.9% in the 4th quarter. Evensky & Katz LLC now owns 260,157 shares of the company’s stock worth $57,177,000 after purchasing an additional 2,432 shares during the period. RiverFront Investment Group LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 3.1% in the 4th quarter. RiverFront Investment Group LLC now owns 5,452 shares of the company’s stock worth $1,198,000 after purchasing an additional 164 shares during the period. Sapient Capital LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 40.7% in the 4th quarter. Sapient Capital LLC now owns 141,986 shares of the company’s stock worth $31,437,000 after purchasing an additional 41,038 shares during the period. Finally, Passumpsic Savings Bank purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $1,111,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $229.39 on Monday. The stock has a market capitalization of $105.86 billion, a PE ratio of 23.32 and a beta of 0.82. The company has a 50 day moving average price of $221.95 and a 200-day moving average price of $222.20. Vanguard Dividend Appreciation ETF has a fifty-two week low of $193.01 and a fifty-two week high of $231.32.

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.