First Trust Direct Indexing L.P. Makes New $245,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

First Trust Direct Indexing L.P. acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,236 shares of the company’s stock, valued at approximately $245,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Family Firm Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $26,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the second quarter worth $26,000. FPC Investment Advisory Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the first quarter worth $30,000. Finally, Providence Capital Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at $33,000.

Vanguard Dividend Appreciation ETF Trading Up 0.9 %

Shares of NYSEARCA:VIG opened at $196.52 on Wednesday. The stock has a market cap of $84.96 billion, a PE ratio of 24.54 and a beta of 0.78. The stock’s fifty day simple moving average is $196.76 and its two-hundred day simple moving average is $188.45. Vanguard Dividend Appreciation ETF has a 1-year low of $156.79 and a 1-year high of $201.85.

About Vanguard Dividend Appreciation ETF

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.