Western Wealth Management LLC Grows Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Western Wealth Management LLC increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 107,706 shares of the company’s stock after acquiring an additional 235 shares during the period. Vanguard Dividend Appreciation ETF comprises approximately 1.3% of Western Wealth Management LLC’s holdings, making the stock its 11th largest position. Western Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,353,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Financial Freedom LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at $28,000. Provence Wealth Management Group purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth $29,000. Sawyer & Company Inc purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth $31,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $31,000. Finally, Federated Hermes Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth $33,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG traded up $0.30 during midday trading on Thursday, hitting $173.63. The company had a trading volume of 1,822,248 shares, compared to its average volume of 1,044,242. The company has a market cap of $75.06 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80. The company has a fifty day moving average of $178.43 and a two-hundred day moving average of $169.20. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month 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.