Root Financial Partners LLC Purchases 1,024 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Root Financial Partners LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 39.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,590 shares of the company’s stock after purchasing an additional 1,024 shares during the period. Root Financial Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $703,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VIG. Alpha Financial Partners LLC purchased a new position in Vanguard Dividend Appreciation ETF in the third quarter worth $3,597,000. Asset Dedication LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 16.9% during the 3rd quarter. Asset Dedication LLC now owns 3,790 shares of the company’s stock worth $751,000 after purchasing an additional 547 shares during the period. BOS Asset Management LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.8% in the 3rd quarter. BOS Asset Management LLC now owns 9,233 shares of the company’s stock worth $1,829,000 after buying an additional 509 shares during the last quarter. Provident Wealth Management LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 20.4% in the 3rd quarter. Provident Wealth Management LLC now owns 1,510 shares of the company’s stock worth $299,000 after buying an additional 256 shares during the last quarter. Finally, Firethorn Wealth Partners LLC bought a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at about $201,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $204.64 on Friday. The firm has a market cap of $88.47 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.20. The firm’s 50-day simple moving average is $199.52 and its two-hundred day simple moving average is $197.26.

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.