NewEdge Advisors LLC Acquires 92,250 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

NewEdge Advisors LLC raised its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 36.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 342,482 shares of the company’s stock after buying an additional 92,250 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $62,520,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VIG. Ascent Group LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.7% during the second quarter. Ascent Group LLC now owns 3,154 shares of the company’s stock valued at $576,000 after buying an additional 53 shares during the period. Smithfield Trust Co increased its holdings in Vanguard Dividend Appreciation ETF by 1.7% during the first quarter. Smithfield Trust Co now owns 3,391 shares of the company’s stock valued at $620,000 after buying an additional 56 shares during the period. Keeley Teton Advisors LLC increased its holdings in Vanguard Dividend Appreciation ETF by 0.7% during the first quarter. Keeley Teton Advisors LLC now owns 8,098 shares of the company’s stock valued at $1,479,000 after buying an additional 60 shares during the period. ARS Wealth Advisors Group LLC raised its stake in Vanguard Dividend Appreciation ETF by 2.4% in the second quarter. ARS Wealth Advisors Group LLC now owns 2,633 shares of the company’s stock worth $481,000 after buying an additional 61 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 1.6% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,821 shares of the company’s stock worth $698,000 after buying an additional 62 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $197.28 on Friday. The company has a market capitalization of $85.29 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $198.44. The business’s fifty day simple moving average is $191.62 and its 200-day simple moving average is $184.81.

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.