Richardson Capital Management LLC Boosts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Richardson Capital Management LLC grew its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,688 shares of the company’s stock after buying an additional 61 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 0.2% of Richardson Capital Management LLC’s investment portfolio, making the stock its 23rd largest position. Richardson Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. QRG Capital Management Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 2.0% during the second quarter. QRG Capital Management Inc. now owns 4,784 shares of the company’s stock worth $873,000 after purchasing an additional 93 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 2.3% during the third quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock worth $2,125,000 after purchasing an additional 244 shares in the last quarter. Fairhaven Wealth Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.4% during the second quarter. Fairhaven Wealth Management LLC now owns 9,624 shares of the company’s stock worth $1,757,000 after purchasing an additional 137 shares in the last quarter. Founders Financial Alliance LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.9% during the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock worth $1,431,000 after purchasing an additional 148 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock worth $1,576,895,000 after purchasing an additional 466,457 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $201.59 on Wednesday. The stock has a 50 day moving average price of $197.33 and a 200 day moving average price of $189.18. The stock has a market capitalization of $87.15 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $158.46 and a one year high of $203.80.

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.