Waterfront Wealth Inc. Acquires New Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Waterfront Wealth Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,237 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Financial Freedom LLC acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $28,000. Provence Wealth Management Group bought a new stake in Vanguard Dividend Appreciation ETF in the third quarter valued at about $29,000. Sawyer & Company Inc bought a new stake in Vanguard Dividend Appreciation ETF in the third quarter valued at about $31,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $31,000. Finally, Federated Hermes Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter worth about $33,000.

Vanguard Dividend Appreciation ETF Trading Up 0.6 %

Shares of VIG stock traded up $0.97 on Thursday, hitting $174.30. 1,353,665 shares of the stock were exchanged, compared to its average volume of 1,037,481. The firm has a market capitalization of $75.35 billion, a P/E ratio of 24.56 and a beta of 0.80. The business has a 50-day moving average of $178.43 and a 200 day moving average of $169.20. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $183.52.

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.