Beta Wealth Group Inc. Purchases New Position in Vanguard Dividend Appreciation ETF $VIG

Beta Wealth Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,852 shares of the company’s stock, valued at approximately $1,263,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC grew its holdings in Vanguard Dividend Appreciation ETF by 20,718.4% during the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after buying an additional 35,380,815 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 10,560,061 shares of the company’s stock worth $2,278,756,000 after acquiring an additional 76,924 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.5% in the third quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock valued at $2,069,881,000 after purchasing an additional 502,464 shares during the last quarter. HB Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. HB Wealth Management LLC now owns 5,511,314 shares of the company’s stock valued at $1,177,196,000 after purchasing an additional 295,707 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 0.7% during the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock valued at $1,097,908,000 after purchasing an additional 34,896 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $227.26 on Tuesday. The company has a market capitalization of $105.44 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52-week low of $169.32 and a 52-week high of $230.53. The company has a 50-day simple moving average of $223.75 and a two-hundred day simple moving average of $217.97.

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.