Sheets Smith Wealth Management Acquires 369 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Sheets Smith Wealth Management boosted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,133 shares of the company’s stock after buying an additional 369 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Dividend Appreciation ETF were worth $4,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Provence Wealth Management Group bought a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter worth about $29,000. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $31,000. Sittner & Nelson LLC raised its stake in Vanguard Dividend Appreciation ETF by 368.0% during the 3rd quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock worth $36,000 after acquiring an additional 184 shares during the period. Providence Capital Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $38,000. Finally, Life Planning Partners Inc bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $42,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock traded up $1.72 on Friday, hitting $176.94. 675,025 shares of the stock traded hands, compared to its average volume of 995,284. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $183.52. The firm has a 50 day simple moving average of $178.40 and a two-hundred day simple moving average of $171.00. The firm has a market cap of $76.49 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.