Index Fund Advisors Inc. Makes New $396,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Index Fund Advisors Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,998 shares of the company’s stock, valued at approximately $396,000.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 33,295.6% in the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after purchasing an additional 8,748,758 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock worth $1,576,895,000 after acquiring an additional 466,457 shares in the last quarter. LPL Financial LLC boosted its position in Vanguard Dividend Appreciation ETF by 3.4% during the 2nd quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock worth $1,002,904,000 after acquiring an additional 178,692 shares during the period. HB Wealth Management LLC grew its stake in Vanguard Dividend Appreciation ETF by 4.5% during the 2nd quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock valued at $850,425,000 after acquiring an additional 199,355 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Vanguard Dividend Appreciation ETF by 5.1% in the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after purchasing an additional 178,450 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock traded down $0.26 during trading on Thursday, hitting $198.23. 81,706 shares of the company were exchanged, compared to its average volume of 822,722. The business’s 50-day simple moving average is $196.04 and its 200 day simple moving average is $187.08. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $201.85. The firm has a market capitalization of $85.70 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.