Merit Financial Group LLC Buys 3,289 Shares of Vanguard Dividend Appreciation ETF $VIG

Merit Financial Group LLC raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,610 shares of the company’s stock after purchasing an additional 3,289 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $16,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Welch Group LLC grew its holdings in Vanguard Dividend Appreciation ETF by 5.2% during the fourth quarter. Welch Group LLC now owns 3,157 shares of the company’s stock worth $694,000 after buying an additional 155 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 4.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 56,523 shares of the company’s stock valued at $12,665,000 after acquiring an additional 2,176 shares in the last quarter. AE Wealth Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 20.0% during the 4th quarter. AE Wealth Management LLC now owns 53,212 shares of the company’s stock worth $11,695,000 after acquiring an additional 8,875 shares during the last quarter. Roof Eidam Maycock Peralta LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 1.9% during the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 97,721 shares of the company’s stock worth $21,477,000 after acquiring an additional 1,840 shares during the last quarter. Finally, Argo Wealth Advisory LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $1,968,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $224.88 on Friday. The firm has a 50-day moving average of $221.80 and a 200-day moving average of $220.65. Vanguard Dividend Appreciation ETF has a one year low of $178.25 and a one year high of $230.53. The company has a market cap of $103.78 billion, a P/E ratio of 23.32 and a beta of 0.84.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.