Formulate Financial LLC Takes Position in Vanguard Dividend Appreciation ETF $VIG

Formulate Financial LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 42,487 shares of the company’s stock, valued at approximately $9,168,000. Vanguard Dividend Appreciation ETF comprises 11.4% of Formulate Financial LLC’s portfolio, making the stock its 3rd biggest position.

Several other large investors also recently bought and sold shares of VIG. Penobscot Investment Management Company Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 4.2% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 2,480 shares of the company’s stock worth $508,000 after buying an additional 100 shares during the last quarter. Websterrogers Financial Advisors LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 6.7% in the third quarter. Websterrogers Financial Advisors LLC now owns 57,998 shares of the company’s stock valued at $12,515,000 after acquiring an additional 3,638 shares during the last quarter. Crane Advisory LLC grew its position in Vanguard Dividend Appreciation ETF by 2.3% in the third quarter. Crane Advisory LLC now owns 137,804 shares of the company’s stock worth $29,880,000 after acquiring an additional 3,080 shares during the period. Carnegie Investment Counsel grew its position in Vanguard Dividend Appreciation ETF by 4.0% in the third quarter. Carnegie Investment Counsel now owns 108,888 shares of the company’s stock worth $23,497,000 after acquiring an additional 4,238 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC increased its stake in Vanguard Dividend Appreciation ETF by 4.4% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 174,849 shares of the company’s stock worth $37,731,000 after acquiring an additional 7,443 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.6%

Shares of Vanguard Dividend Appreciation ETF stock opened at $224.58 on Tuesday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $225.97. The business’s fifty day simple moving average is $221.53 and its 200-day simple moving average is $215.90. The firm has a market cap of $104.20 billion, a PE ratio of 23.32 and a beta of 0.85.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.