GK Wealth Management LLC Takes $2.32 Million Position in Vanguard Dividend Appreciation ETF $VIG

GK Wealth Management LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 9,808 shares of the company’s stock, valued at approximately $2,321,000. Vanguard Dividend Appreciation ETF comprises about 1.2% of GK Wealth Management LLC’s holdings, making the stock its 18th largest position.

Other hedge funds have also recently modified their holdings of the company. Carrera Capital Advisors acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth about $573,000. Amara Financial LLC. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 8.7% in the 4th quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock valued at $21,529,000 after purchasing an additional 7,858 shares during the last quarter. BCS Wealth Management boosted its position in shares of Vanguard Dividend Appreciation ETF by 100.0% in the 4th quarter. BCS Wealth Management now owns 6,306 shares of the company’s stock valued at $1,386,000 after purchasing an additional 3,153 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 62.2% in the 4th quarter. Farther Finance Advisors LLC now owns 139,357 shares of the company’s stock valued at $30,628,000 after purchasing an additional 53,466 shares during the period. Finally, Crews Bank & Trust grew its stake in Vanguard Dividend Appreciation ETF by 8.1% during the 4th quarter. Crews Bank & Trust now owns 172,154 shares of the company’s stock worth $37,836,000 after buying an additional 12,959 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.6%

NYSEARCA:VIG opened at $243.92 on Wednesday. The company has a market capitalization of $113.52 billion, a PE ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52-week low of $205.35 and a 52-week high of $244.25. The stock’s 50 day moving average price is $236.75 and its 200 day moving average price is $228.67.

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