Grantvest Financial Group LLC Makes New $423,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Grantvest Financial Group LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,162 shares of the company’s stock, valued at approximately $423,000.

Several other hedge funds also recently made changes to their positions in VIG. Wealthfront Advisers LLC raised 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 purchasing an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in 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 period. Raymond James Financial Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $1,024,119,000. Proficio Capital Partners LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 20,620.9% during the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock worth $498,863,000 after purchasing an additional 2,535,136 shares during the period. Finally, Prudential Financial Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 7,822.0% during the 4th quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock valued at $314,245,000 after acquiring an additional 1,584,428 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $194.17 on Monday. The company has a market capitalization of $86.01 billion, a P/E ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The stock’s 50 day moving average price is $199.89 and its 200 day moving average price is $199.02.

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.