Focus Financial Network Inc. Raises Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Focus Financial Network Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,123 shares of the company’s stock after purchasing an additional 3,833 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for approximately 0.7% of Focus Financial Network Inc.’s portfolio, making the stock its 27th largest position. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $17,327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter worth about $26,000. FPC Investment Advisory Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter worth about $30,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth about $31,000. Opal Wealth Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $34,000. Finally, VisionPoint Advisory Group LLC bought a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $38,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG traded down $0.25 during mid-day trading on Tuesday, reaching $191.69. The stock had a trading volume of 1,126,229 shares, compared to its average volume of 879,296. The firm has a 50 day moving average price of $185.83 and a two-hundred day moving average price of $181.20. The stock has a market capitalization of $82.87 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $192.04.

Vanguard Dividend Appreciation ETF Company 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.