Modern Wealth Management LLC Increases Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Modern Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1,181.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,219 shares of the company’s stock after purchasing an additional 25,095 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,530,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Curio Wealth LLC purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $26,000. Parkworth Wealth Management Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $28,000. Providence First Trust Co purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $33,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $38,000. Finally, Synergy Investment Management LLC bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $196.49 on Tuesday. The firm has a 50-day simple moving average of $199.94 and a two-hundred day simple moving average of $199.05. The firm has a market cap of $87.04 billion, a P/E ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24.

Vanguard Dividend Appreciation ETF 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.