Rehmann Capital Advisory Group Grows Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Rehmann Capital Advisory Group raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,795 shares of the company’s stock after purchasing an additional 971 shares during the period. Vanguard Dividend Appreciation ETF comprises about 0.7% of Rehmann Capital Advisory Group’s investment portfolio, making the stock its 27th largest position. Rehmann Capital Advisory Group’s holdings in Vanguard Dividend Appreciation ETF were worth $11,710,000 at the end of the most recent reporting period.

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

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $190.18 on Wednesday. The firm has a market cap of $85.55 billion, a P/E ratio of 22.55 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $205.24. The firm’s 50-day simple moving average is $191.20 and its 200-day simple moving average is $197.06.

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.