Waterfront Wealth Inc. Makes New $211,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Waterfront Wealth Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,237 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Freedom LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $28,000. Provence Wealth Management Group purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $29,000. Sawyer & Company Inc purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $31,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $31,000. Finally, Federated Hermes Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $33,000.

Vanguard Dividend Appreciation ETF Stock Up 0.6 %

NYSEARCA:VIG traded up $0.97 during midday trading on Thursday, reaching $174.30. The stock had a trading volume of 1,353,665 shares, compared to its average volume of 1,037,481. The firm has a fifty day simple moving average of $178.43 and a two-hundred day simple moving average of $169.20. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $183.52. The stock has a market cap of $75.35 billion, a P/E ratio of 24.56 and a beta of 0.80.

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.