Wetzel Investment Advisors Inc. Makes New $2.23 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,095 shares of the company’s stock, valued at approximately $2,231,000. Vanguard Dividend Appreciation ETF comprises 1.4% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 20th biggest position.

Other hedge funds also recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its stake in Vanguard Dividend Appreciation ETF by 131,442.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 11,075,838 shares of the company’s stock valued at $1,681,866,000 after buying an additional 11,067,418 shares during the last quarter. International Assets Investment Management LLC bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $345,621,000. Imprint Wealth LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 17,209.4% during the 2nd quarter. Imprint Wealth LLC now owns 1,280,032 shares of the company’s stock valued at $128,003,000 after purchasing an additional 1,272,637 shares during the last quarter. CI Private Wealth LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $158,416,000. Finally, Mariner LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 58.6% in the fourth quarter. Mariner LLC now owns 1,345,073 shares of the company’s stock worth $204,250,000 after acquiring an additional 497,131 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG traded up $0.46 during trading on Friday, reaching $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 52 week low of $149.67 and a 52 week high of $183.52. The stock has a market cap of $75.26 billion, a PE ratio of 24.56 and a beta of 0.80. The business’s 50 day moving average price is $178.37 and its 200-day moving average price is $169.37.

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.