Kovack Advisors Inc. Raises Stake in Vanguard Dividend Appreciation ETF $VIG

Kovack Advisors Inc. increased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 20,763 shares of the company’s stock after buying an additional 714 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Curio Wealth LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 4,300.0% in the 2nd quarter. Curio Wealth LLC now owns 132 shares of the company’s stock worth $27,000 after buying an additional 129 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth about $31,000. Proathlete Wealth Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth about $35,000. Graybill Wealth Management LTD. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth about $37,000. Finally, GW&K Investment Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth about $37,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $217.82 on Friday. Vanguard Dividend Appreciation ETF has a 52-week low of $169.32 and a 52-week high of $220.49. The stock’s 50-day simple moving average is $215.10 and its 200 day simple moving average is $205.36. The stock has a market capitalization of $98.75 billion, a P/E ratio of 23.32 and a beta of 0.85.

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.