Clarity Wealth Development LLC Acquires New Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Clarity Wealth Development LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 4,203 shares of the company’s stock, valued at approximately $850,000. Vanguard Dividend Appreciation ETF comprises 0.9% of Clarity Wealth Development LLC’s portfolio, making the stock its 21st largest holding.

A number of other hedge funds also recently made changes to their positions in VIG. Assetmark Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 121.5% in the 4th quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock worth $1,197,000 after purchasing an additional 3,353 shares in the last quarter. M3 Advisory Group LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 4.3% in the 4th quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock worth $11,201,000 after purchasing an additional 2,375 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $1,024,119,000. FSC Wealth Advisors LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 15.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock worth $6,845,000 after purchasing an additional 4,626 shares in the last quarter. Finally, Independent Family Office LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 7.7% in the 3rd quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock worth $5,938,000 after purchasing an additional 2,164 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.0 %

NYSEARCA VIG opened at $195.09 on Tuesday. The stock’s 50 day moving average is $199.93 and its 200 day moving average is $199.04. Vanguard Dividend Appreciation ETF has a 12 month low of $173.17 and a 12 month high of $205.24. The stock has a market cap of $86.42 billion, a PE ratio of 24.18 and a beta of 0.85.

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.