Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Boosted by MAI Capital Management

MAI Capital Management increased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 899,169 shares of the company’s stock after acquiring an additional 13,463 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 1.7% of MAI Capital Management’s portfolio, making the stock its 10th biggest position. MAI Capital Management owned 0.21% of Vanguard Dividend Appreciation ETF worth $178,089,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VIG. Family Firm Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at approximately $25,000. 1620 Investment Advisors Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the second quarter valued at $26,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at $29,000. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth about $33,000. Finally, HighMark Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 371.8% during the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.8 %

Shares of VIG opened at $198.69 on Monday. Vanguard Dividend Appreciation ETF has a 52 week low of $161.43 and a 52 week high of $203.80. The stock has a market cap of $85.90 billion, a P/E ratio of 24.54 and a beta of 0.78. The business’s 50 day moving average price is $197.97 and its 200-day moving average price is $189.87.

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.