Fiduciary Financial Group LLC Boosts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Fiduciary Financial Group LLC increased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.7% in the first quarter, HoldingsChannel reports. The firm owned 29,769 shares of the company’s stock after buying an additional 212 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 1.1% of Fiduciary Financial Group LLC’s holdings, making the stock its 23rd biggest holding. Fiduciary Financial Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VIG. Assetmark Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 121.5% in the 4th quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after buying an additional 3,353 shares during the period. Russell Investments Group Ltd. grew its holdings in Vanguard Dividend Appreciation ETF by 21.1% in the 4th quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock valued at $594,000 after buying an additional 529 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $1,024,119,000. Chancellor Financial Group WB LP purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $840,000. Finally, First Trust Advisors LP purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $516,000.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $200.07 on Tuesday. The firm has a market capitalization of $90.20 billion, a P/E ratio of 24.18 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $205.24. The business’s 50-day simple moving average is $190.87 and its 200-day simple moving average is $196.36.

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.