Gladstone Institutional Advisory LLC Increases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Gladstone Institutional Advisory LLC grew its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.7% during the 4th quarter, HoldingsChannel reports. The firm owned 80,065 shares of the company’s stock after buying an additional 3,620 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 0.7% of Gladstone Institutional Advisory LLC’s investment portfolio, making the stock its 29th biggest holding. Gladstone Institutional Advisory LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $15,679,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VIG. Alpha Financial Partners LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter worth about $3,597,000. Redhawk Wealth Advisors Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.5% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 3,661 shares of the company’s stock valued at $725,000 after purchasing an additional 91 shares in the last quarter. Fiduciary Alliance LLC raised its holdings in Vanguard Dividend Appreciation ETF by 30.7% in the 3rd quarter. Fiduciary Alliance LLC now owns 4,186 shares of the company’s stock worth $829,000 after purchasing an additional 983 shares during the period. Cornell Pochily Investment Advisors Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 0.8% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 12,305 shares of the company’s stock worth $2,437,000 after purchasing an additional 94 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in Vanguard Dividend Appreciation ETF by 2.8% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 30,418 shares of the company’s stock worth $6,025,000 after purchasing an additional 821 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock opened at $204.19 on Wednesday. The stock has a market capitalization of $88.28 billion, a PE ratio of 24.54 and a beta of 0.78. The business has a 50 day simple moving average of $199.51 and a 200-day simple moving average of $197.11. Vanguard Dividend Appreciation ETF has a 12 month low of $172.54 and a 12 month high of $205.20.

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.