IMG Wealth Management Inc. Acquires 564 Shares of Vanguard Dividend Appreciation ETF $VIG

IMG Wealth Management Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 30.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,398 shares of the company’s stock after buying an additional 564 shares during the quarter. IMG Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $491,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VIG. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 10.8% in the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after purchasing an additional 738,441 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $134,776,000. HB Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 9.9% in the 1st quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after purchasing an additional 480,314 shares during the period. Vanguard Group Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock valued at $1,971,022,000 after purchasing an additional 451,169 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $73,541,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $217.26 on Tuesday. The firm’s 50-day moving average is $213.74 and its 200-day moving average is $203.43. The stock has a market cap of $98.50 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52-week low of $169.32 and a 52-week high of $218.92.

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.