Mittelman Wealth Management Buys 6,749 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Mittelman Wealth Management increased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,621 shares of the company’s stock after purchasing an additional 6,749 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 13.2% of Mittelman Wealth Management’s portfolio, making the stock its largest holding. Mittelman Wealth Management’s holdings in Vanguard Dividend Appreciation ETF were worth $20,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. SkyOak Wealth LLC increased its holdings in Vanguard Dividend Appreciation ETF by 2.1% in the 2nd quarter. SkyOak Wealth LLC now owns 31,490 shares of the company’s stock worth $5,748,000 after purchasing an additional 647 shares in the last quarter. Waterloo Capital L.P. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter worth about $203,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard Dividend Appreciation ETF by 22.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 508,325 shares of the company’s stock valued at $92,795,000 after buying an additional 94,679 shares during the period. Axxcess Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF by 25.1% in the 2nd quarter. Axxcess Wealth Management LLC now owns 12,151 shares of the company’s stock valued at $2,218,000 after buying an additional 2,437 shares during the last quarter. Finally, Fairway Wealth LLC bought a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at approximately $99,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $195.80 on Thursday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $198.09. The company’s 50 day moving average price is $190.28 and its two-hundred day moving average price is $183.90. The firm has a market capitalization of $84.65 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.