Pinnacle Wealth Management Advisory Group LLC Has $1.43 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 16.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,400 shares of the company’s stock after acquiring an additional 1,166 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,431,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. North Star Asset Management Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 30.0% during the third quarter. North Star Asset Management Inc. now owns 10,818 shares of the company’s stock worth $1,681,000 after acquiring an additional 2,498 shares during the period. Gratus Capital LLC lifted its stake in Vanguard Dividend Appreciation ETF by 1.8% in the 3rd quarter. Gratus Capital LLC now owns 3,983 shares of the company’s stock valued at $619,000 after purchasing an additional 72 shares during the last quarter. Detalus Advisors LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 2.8% in the third quarter. Detalus Advisors LLC now owns 31,119 shares of the company’s stock valued at $4,835,000 after purchasing an additional 858 shares during the last quarter. AlphaQ Advisors LLC increased its position in Vanguard Dividend Appreciation ETF by 6.7% during the 3rd quarter. AlphaQ Advisors LLC now owns 7,040 shares of the company’s stock worth $1,094,000 after buying an additional 443 shares during the period. Finally, Grandview Asset Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $244,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG traded up $0.39 on Wednesday, hitting $179.21. 626,420 shares of the stock were exchanged, compared to its average volume of 988,565. The business has a 50-day moving average of $178.41 and a two-hundred day moving average of $171.34. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $183.52. The firm has a market capitalization of $77.48 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.