Foguth Wealth Management LLC. Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Foguth Wealth Management LLC. acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, HoldingsChannel reports. The fund acquired 2,496 shares of the company’s stock, valued at approximately $505,000.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after acquiring an additional 314,952 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 28.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after purchasing an additional 264,483 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 108.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after purchasing an additional 179,441 shares during the period. Raymond James & Associates lifted its stake in shares of Vanguard Dividend Appreciation ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after buying an additional 178,450 shares in the last quarter. Finally, GEN Financial Management INC. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $27,926,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $202.21 on Wednesday. The stock has a fifty day simple moving average of $199.60 and a two-hundred day simple moving average of $196.66. The firm has a market capitalization of $87.42 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $172.54 and a 52-week high of $205.20.

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.