Cary Street Partners Financial LLC Makes New $4.33 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cary Street Partners Financial LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,103 shares of the company’s stock, valued at approximately $4,328,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC grew its stake in Vanguard Dividend Appreciation ETF by 284.3% during the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after acquiring an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in 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 in the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $1,253,526,000. Raymond James Financial Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $1,024,119,000. Finally, Bank of America Corp DE increased its stake in shares of Vanguard Dividend Appreciation ETF by 17.1% in the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock worth $4,845,498,000 after acquiring an additional 3,605,152 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.3 %

VIG opened at $192.43 on Tuesday. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24. The stock has a fifty day moving average price of $190.39 and a 200 day moving average price of $196.77. The stock has a market cap of $86.56 billion, a price-to-earnings ratio of 22.55 and a beta of 0.86.

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.