Valmark Advisers Inc. Increases Stock Position in Vanguard Dividend Appreciation ETF $VIG

Valmark Advisers Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.6% during the second quarter, HoldingsChannel.com reports. The fund owned 152,102 shares of the company’s stock after buying an additional 3,869 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $31,131,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VIG. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $31,000. Proathlete Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth approximately $35,000. Graybill Wealth Management LTD. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $37,000. GW&K Investment Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $37,000. Finally, Proffitt & Goodson Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $38,000.

Vanguard Dividend Appreciation ETF Stock Down 0.2%

Shares of NYSEARCA:VIG opened at $217.26 on Wednesday. The firm’s 50 day moving average price is $212.00 and its 200-day moving average price is $201.86. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92. The stock has a market capitalization of $98.57 billion, a PE ratio of 23.32 and a beta of 0.85.

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.