Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Purchased by Ridgecrest Wealth Partners LLC

Ridgecrest Wealth Partners LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,421 shares of the company’s stock after purchasing an additional 1,365 shares during the period. Vanguard Dividend Appreciation ETF comprises about 3.0% of Ridgecrest Wealth Partners LLC’s investment portfolio, making the stock its 10th largest position. Ridgecrest Wealth Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,827,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VIG. QRG Capital Management Inc. increased its stake in Vanguard Dividend Appreciation ETF by 2.0% in the second quarter. QRG Capital Management Inc. now owns 4,784 shares of the company’s stock valued at $873,000 after purchasing an additional 93 shares during the last quarter. Atomi Financial Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.3% during the 3rd quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock valued at $2,125,000 after acquiring an additional 244 shares during the last quarter. Fairhaven Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.4% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 9,624 shares of the company’s stock worth $1,757,000 after acquiring an additional 137 shares during the period. Founders Financial Alliance LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 1.9% in the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock worth $1,431,000 after acquiring an additional 148 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 5.7% in the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after purchasing an additional 466,457 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $203.07 on Monday. The firm has a market capitalization of $87.79 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $156.79 and a one year high of $203.72. The company has a 50 day moving average price of $197.20 and a 200 day moving average price of $188.91.

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.