Sequoia Financial Advisors LLC Purchases 171,665 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Sequoia Financial Advisors LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 838.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 192,134 shares of the company’s stock after buying an additional 171,665 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $37,272,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Curio Wealth LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $26,000. Parkworth Wealth Management Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $28,000. Providence First Trust Co bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $33,000. Synergy Investment Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $39,000. Finally, Inlight Wealth Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the first quarter valued at $40,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $202.33 on Thursday. The firm has a market cap of $91.19 billion, a PE ratio of 23.32 and a beta of 0.86. The stock’s fifty day moving average price is $195.41 and its two-hundred day moving average price is $196.22. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24.

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.