Kovack Advisors Inc. Has $4.25 Million Position in Vanguard Dividend Appreciation ETF $VIG

Kovack Advisors Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,763 shares of the company’s stock after acquiring an additional 714 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,250,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Curio Wealth LLC lifted its stake in Vanguard Dividend Appreciation ETF by 4,300.0% during the 2nd quarter. Curio Wealth LLC now owns 132 shares of the company’s stock valued at $27,000 after acquiring an additional 129 shares in the last quarter. Safe Harbor Fiduciary LLC bought a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at $31,000. Proathlete Wealth Management LLC bought a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $35,000. TFC Financial Management Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 526.7% during the 2nd quarter. TFC Financial Management Inc. now owns 188 shares of the company’s stock valued at $39,000 after acquiring an additional 158 shares in the last quarter. Finally, GW&K Investment Management LLC bought a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at $37,000.

Vanguard Dividend Appreciation ETF Trading Down 0.2%

Shares of NYSEARCA:VIG opened at $217.82 on Friday. The stock has a market cap of $98.75 billion, a PE ratio of 23.32 and a beta of 0.85. The stock’s fifty day simple moving average is $215.10 and its two-hundred day simple moving average is $205.36. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $220.49.

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.