Brightwater Advisory LLC Takes $6.45 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Brightwater Advisory LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 35,320 shares of the company’s stock, valued at approximately $6,448,000. Vanguard Dividend Appreciation ETF makes up about 4.5% of Brightwater Advisory LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Trademark Financial Management LLC bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth $669,000. RFG Advisory LLC raised its holdings in Vanguard Dividend Appreciation ETF by 15.2% in the 1st quarter. RFG Advisory LLC now owns 13,555 shares of the company’s stock worth $2,475,000 after acquiring an additional 1,784 shares during the period. MGO One Seven LLC raised its holdings in Vanguard Dividend Appreciation ETF by 87.2% in the 4th quarter. MGO One Seven LLC now owns 61,490 shares of the company’s stock worth $10,478,000 after acquiring an additional 28,637 shares during the period. Weik Capital Management raised its holdings in Vanguard Dividend Appreciation ETF by 2.3% in the 4th quarter. Weik Capital Management now owns 6,390 shares of the company’s stock worth $1,089,000 after acquiring an additional 145 shares during the period. Finally, 360 Financial Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 0.3% in the 4th quarter. 360 Financial Inc. now owns 303,240 shares of the company’s stock worth $51,672,000 after acquiring an additional 951 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $196.96 on Wednesday. The company has a market capitalization of $85.15 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $198.44. The company’s fifty day moving average price is $191.98 and its 200 day moving average price is $185.09.

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.