Keystone Financial Group Invests $6.10 Million in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Keystone Financial Group acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,169 shares of the company’s stock, valued at approximately $6,104,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Curio Wealth LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth $26,000. Parkworth Wealth Management Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $28,000. Providence First Trust Co acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth about $38,000. Finally, Synergy Investment Management LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $39,000.

Vanguard Dividend Appreciation ETF Trading Up 1.7 %

Shares of NYSEARCA:VIG opened at $184.75 on Friday. The firm has a market cap of $82.36 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. The stock’s 50-day moving average price is $195.51 and its two-hundred day moving average price is $198.03. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.9377 per share. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date of this dividend was Thursday, March 27th.

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.