Opal Wealth Advisors LLC Invests $65,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Opal Wealth Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 335 shares of the company’s stock, valued at approximately $65,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 284.3% during the fourth 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. Bank of America Corp DE lifted its holdings in 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 valued at $4,845,498,000 after acquiring an additional 3,605,152 shares during the period. Wells Fargo & Company MN lifted its holdings in Vanguard Dividend Appreciation ETF by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after acquiring an additional 832,983 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock valued at $1,901,365,000 after acquiring an additional 301,772 shares during the period. Finally, Castlekeep Investment Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $1,253,526,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $200.46 on Monday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $169.32 and a fifty-two week high of $205.24. The business’s 50-day moving average is $192.70 and its two-hundred day moving average is $196.29. The company has a market cap of $90.37 billion, a price-to-earnings ratio of 24.18 and a beta of 0.86.

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.