Merit Financial Group LLC Raises Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Merit Financial Group LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 76,610 shares of the company’s stock after buying an additional 3,289 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $16,837,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of VIG. Oliver Luxxe Assets LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 12,454 shares of the company’s stock worth $2,687,000 after purchasing an additional 46 shares during the period. Essex LLC grew its position in Vanguard Dividend Appreciation ETF by 0.8% during the fourth quarter. Essex LLC now owns 5,915 shares of the company’s stock valued at $1,300,000 after buying an additional 46 shares during the period. Cornerstone Wealth Group LLC increased its holdings in Vanguard Dividend Appreciation ETF by 3.2% during the third quarter. Cornerstone Wealth Group LLC now owns 1,498 shares of the company’s stock worth $323,000 after buying an additional 47 shares during the last quarter. Firethorn Wealth Partners LLC increased its holdings in Vanguard Dividend Appreciation ETF by 3.9% during the third quarter. Firethorn Wealth Partners LLC now owns 1,271 shares of the company’s stock worth $274,000 after buying an additional 48 shares during the last quarter. Finally, LJI Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF by 2.8% in the third quarter. LJI Wealth Management LLC now owns 1,743 shares of the company’s stock worth $376,000 after acquiring an additional 48 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

VIG opened at $224.88 on Friday. The stock has a market cap of $103.78 billion, a price-to-earnings ratio of 23.32 and a beta of 0.84. Vanguard Dividend Appreciation ETF has a twelve month low of $178.25 and a twelve month high of $230.53. The company’s 50-day moving average price is $221.80 and its two-hundred day moving average price is $220.65.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.