Frederick Financial Consultants LLC Takes $5.42 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Frederick Financial Consultants LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,685 shares of the company’s stock, valued at approximately $5,421,000. Vanguard Dividend Appreciation ETF accounts for about 4.3% of Frederick Financial Consultants LLC’s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC increased 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 valued at $5,134,878,000 after buying an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC increased 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 in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $1,024,119,000. Proficio Capital Partners LLC grew its holdings in 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 valued at $498,863,000 after purchasing an additional 2,535,136 shares during the period. Finally, Prudential Financial Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 7,822.0% in the fourth quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock worth $314,245,000 after buying an additional 1,584,428 shares during the period.

Vanguard Dividend Appreciation ETF Trading Up 0.4 %

Vanguard Dividend Appreciation ETF stock opened at $183.86 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24. The firm has a market capitalization of $81.96 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. The firm has a 50 day moving average of $194.06 and a 200 day moving average of $197.67.

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.