Davis Capital Management Raises Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Davis Capital Management increased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 124.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,115 shares of the company’s stock after acquiring an additional 619 shares during the quarter. Davis Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $203,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Facet Wealth Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 19.6% during the fourth quarter. Facet Wealth Inc. now owns 3,520 shares of the company’s stock valued at $613,000 after acquiring an additional 577 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its position in Vanguard Dividend Appreciation ETF by 3.9% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 37,720 shares of the company’s stock worth $6,428,000 after purchasing an additional 1,420 shares in the last quarter. AIMZ Investment Advisors LLC boosted its position in Vanguard Dividend Appreciation ETF by 1.4% in the 4th quarter. AIMZ Investment Advisors LLC now owns 8,831 shares of the company’s stock worth $1,505,000 after purchasing an additional 122 shares in the last quarter. Trademark Financial Management LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $669,000. Finally, RFG Advisory LLC boosted its position in Vanguard Dividend Appreciation ETF by 15.2% in the 1st quarter. RFG Advisory LLC now owns 13,555 shares of the company’s stock worth $2,475,000 after purchasing an additional 1,784 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG traded down $1.51 during midday trading on Friday, reaching $186.44. 878,881 shares of the company’s stock traded hands, compared to its average volume of 889,950. Vanguard Dividend Appreciation ETF has a 1 year low of $149.67 and a 1 year high of $190.97. The company has a market cap of $80.60 billion, a P/E ratio of 24.54 and a beta of 0.78. The company has a fifty day simple moving average of $184.51 and a two-hundred day simple moving average of $180.14.

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.