Flagship Wealth Advisors LLC Makes New $1.20 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Flagship Wealth Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, HoldingsChannel reports. The fund purchased 6,125 shares of the company’s stock, valued at approximately $1,199,000. Vanguard Dividend Appreciation ETF accounts for 0.7% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in Vanguard Dividend Appreciation ETF by 284.3% during the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after acquiring an additional 19,397,896 shares during the period. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after purchasing an additional 11,312,895 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $1,024,119,000. Finally, HB Wealth Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 1.7% during the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after buying an additional 82,030 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $193.08 on Monday. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The business’s fifty day moving average is $199.94 and its two-hundred day moving average is $199.03. The stock has a market capitalization of $85.53 billion, a P/E ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Company 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.