Frederick Financial Consultants LLC Purchases New Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Frederick Financial Consultants LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 27,685 shares of the company’s stock, valued at approximately $5,421,000. Vanguard Dividend Appreciation ETF accounts for 4.3% of Frederick Financial Consultants LLC’s holdings, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after acquiring an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. Wells Fargo & Company MN increased its position in Vanguard Dividend Appreciation ETF by 8.6% during the 4th quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after buying an additional 832,983 shares in the last quarter. Vanguard Group Inc. increased its position in Vanguard Dividend Appreciation ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock valued at $1,901,365,000 after buying an additional 301,772 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Vanguard Dividend Appreciation ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock valued at $1,178,171,000 after buying an additional 207,484 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.4 %

NYSEARCA VIG opened at $183.86 on Friday. The stock has a market cap of $81.96 billion, a P/E ratio of 23.79 and a beta of 0.86. The stock’s fifty day moving average price is $194.06 and its 200-day moving average price is $197.67. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $205.24.

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.