Magnolia Capital Advisors LLC Invests $403,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Magnolia Capital Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,210 shares of the company’s stock, valued at approximately $403,000.

A number of other large investors also recently modified their holdings of VIG. Strategic Financial Concepts LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after buying an additional 8,748,758 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Vanguard Dividend Appreciation ETF by 505.7% in the 1st quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock worth $148,515,000 after buying an additional 679,010 shares during the last quarter. HB Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 15.9% in the 1st quarter. HB Wealth Management LLC now owns 4,459,230 shares of the company’s stock valued at $814,295,000 after purchasing an additional 612,202 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Dividend Appreciation ETF by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after purchasing an additional 466,457 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its position in Vanguard Dividend Appreciation ETF by 79.5% in the 1st quarter. Annex Advisory Services LLC now owns 898,754 shares of the company’s stock valued at $164,121,000 after purchasing an additional 398,116 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.4 %

Shares of NYSEARCA:VIG opened at $197.99 on Tuesday. The company has a market cap of $85.60 billion, a PE ratio of 24.54 and a beta of 0.78. The company’s 50-day moving average price is $191.81 and its 200 day moving average price is $184.97. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $198.44.

About Vanguard Dividend Appreciation ETF

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.