Heirloom Wealth Management Takes $338,000 Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Heirloom Wealth Management purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 1,981 shares of the company’s stock, valued at approximately $338,000.

A number of other institutional investors have also recently made changes to their positions in the company. Morgan Stanley boosted its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the third quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock worth $1,759,739,000 after purchasing an additional 190,258 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 131,442.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 11,075,838 shares of the company’s stock worth $1,681,866,000 after purchasing an additional 11,067,418 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 2.2% in the third quarter. Vanguard Group Inc. now owns 7,866,159 shares of the company’s stock worth $1,222,244,000 after purchasing an additional 171,161 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 3.9% in the first quarter. Wealthfront Advisers LLC now owns 5,942,941 shares of the company’s stock worth $963,707,000 after purchasing an additional 224,856 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 2.7% in the third quarter. LPL Financial LLC now owns 5,199,393 shares of the company’s stock worth $807,882,000 after purchasing an additional 134,815 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.3 %

VIG stock traded up $0.46 on Friday, hitting $174.09. The company had a trading volume of 724,205 shares, compared to its average volume of 1,040,030. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $183.52. The stock’s 50-day simple moving average is $178.37 and its 200 day simple moving average is $169.37. The stock has a market cap of $75.26 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80.

Vanguard Dividend Appreciation ETF Company 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.