Stone Loft Wealth Management LLC Acquires Shares of 11,381 Vanguard Dividend Appreciation ETF $VIG

Stone Loft Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the first quarter, Holdings Channel reports. The firm bought 11,381 shares of the company’s stock, valued at approximately $2,448,000. Vanguard Dividend Appreciation ETF comprises 1.7% of Stone Loft Wealth Management LLC’s holdings, making the stock its 10th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Vanguard Dividend Appreciation ETF by 92.5% in the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after buying an additional 16,606 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 12.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock worth $992,000 after buying an additional 577 shares during the period. Russell Investments Group Ltd. grew its position in shares of Vanguard Dividend Appreciation ETF by 4.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock worth $659,000 after buying an additional 143 shares during the period. First Trust Advisors LP increased its stake in shares of Vanguard Dividend Appreciation ETF by 87.1% in the 2nd quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after acquiring an additional 2,246 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $993,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $235.95 on Tuesday. The firm’s 50 day simple moving average is $234.85 and its 200 day simple moving average is $227.39. Vanguard Dividend Appreciation ETF has a fifty-two week low of $203.17 and a fifty-two week high of $240.08. The company has a market capitalization of $109.81 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.