Summit Investment Advisory Services LLC Invests $632,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Summit Investment Advisory Services LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 3,191 shares of the company’s stock, valued at approximately $632,000.

A number of other institutional investors have also modified their holdings of VIG. Family Firm Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $25,000. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter valued at $26,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $26,000. FPC Investment Advisory Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter valued at $30,000. Finally, Providence Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter worth $33,000.

Vanguard Dividend Appreciation ETF Trading Up 0.1 %

NYSEARCA:VIG traded up $0.20 on Thursday, reaching $201.29. The stock had a trading volume of 118,419 shares, compared to its average volume of 826,257. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $201.85. The stock has a market cap of $87.02 billion, a P/E ratio of 24.54 and a beta of 0.78. The company has a 50-day moving average of $194.66 and a 200 day moving average of $186.37.

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.