Means Investment CO. Inc. Raises Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Means Investment CO. Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.0% in the fourth quarter, HoldingsChannel reports. The fund owned 2,007 shares of the company’s stock after purchasing an additional 58 shares during the quarter. Means Investment CO. Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $393,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 1.7% during the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after acquiring an additional 82,030 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after acquiring an additional 178,450 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock valued at $652,725,000 after acquiring an additional 123,584 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 1.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock valued at $438,024,000 after purchasing an additional 39,560 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.3 %

NYSEARCA:VIG opened at $202.22 on Monday. The company’s 50 day moving average is $199.69 and its two-hundred day moving average is $196.42. The company has a market cap of $87.42 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a twelve month low of $172.34 and a twelve month high of $205.20.

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.