Modera Wealth Management LLC Has $346.84 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Modera Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,612,753 shares of the company’s stock after purchasing an additional 61,975 shares during the period. Vanguard Dividend Appreciation ETF makes up 4.2% of Modera Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Modera Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $346,839,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VIG. Juno Financial Group LLC raised its position in Vanguard Dividend Appreciation ETF by 2.5% in the 1st quarter. Juno Financial Group LLC now owns 97,163 shares of the company’s stock valued at $20,896,000 after buying an additional 2,328 shares during the last quarter. Paradigm Capital Management LLC NV boosted its position in Vanguard Dividend Appreciation ETF by 0.8% during the 1st quarter. Paradigm Capital Management LLC NV now owns 59,053 shares of the company’s stock worth $12,700,000 after acquiring an additional 441 shares during the last quarter. Gould Asset Management LLC CA grew its stake in shares of Vanguard Dividend Appreciation ETF by 33.1% during the 1st quarter. Gould Asset Management LLC CA now owns 1,808 shares of the company’s stock worth $389,000 after acquiring an additional 450 shares in the last quarter. Gerald Baker Financial Group LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth approximately $17,021,000. Finally, One Day In July LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the first quarter. One Day In July LLC now owns 32,533 shares of the company’s stock valued at $6,997,000 after purchasing an additional 1,751 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.6%

NYSEARCA VIG opened at $237.61 on Friday. The firm’s 50 day moving average is $234.69 and its 200-day moving average is $227.25. The company has a market capitalization of $110.58 billion, a PE ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 12-month low of $203.17 and a 12-month high of $240.08.

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.