HB Wealth Management LLC Increases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

HB Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,868,929 shares of the company’s stock after buying an additional 82,030 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 9.6% of HB Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. HB Wealth Management LLC owned 1.13% of Vanguard Dividend Appreciation ETF worth $942,870,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Peterson Financial Group Inc. bought a new position in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $29,000. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $33,000. Bank of New Hampshire raised its holdings in shares of Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after purchasing an additional 154 shares during the last quarter. Bangor Savings Bank raised its holdings in shares of Vanguard Dividend Appreciation ETF by 41.0% in the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after purchasing an additional 64 shares during the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $48,000.

Vanguard Dividend Appreciation ETF Trading Up 0.7 %

Shares of NYSEARCA VIG traded up $1.32 during midday trading on Friday, reaching $199.15. The company’s stock had a trading volume of 1,079,765 shares, compared to its average volume of 1,164,823. Vanguard Dividend Appreciation ETF has a fifty-two week low of $169.06 and a fifty-two week high of $205.20. The stock has a market capitalization of $86.10 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The stock has a 50 day simple moving average of $199.56 and a 200-day simple moving average of $195.10.

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.