Sax Wealth Advisors LLC Raises Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Sax Wealth Advisors LLC boosted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,631 shares of the company’s stock after purchasing an additional 621 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,865,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Edgestream Partners L.P. acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at $581,000. Waterloo Capital L.P. bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at $203,000. Brighton Jones LLC grew its position in Vanguard Dividend Appreciation ETF by 2.5% in the 2nd quarter. Brighton Jones LLC now owns 18,523 shares of the company’s stock worth $3,381,000 after purchasing an additional 459 shares during the last quarter. GM Advisory Group LLC increased its position in Vanguard Dividend Appreciation ETF by 2.0% in the 2nd quarter. GM Advisory Group LLC now owns 7,766 shares of the company’s stock valued at $1,418,000 after acquiring an additional 149 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 23.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,667 shares of the company’s stock valued at $1,582,000 after purchasing an additional 1,658 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $199.15 on Friday. The stock has a market cap of $86.10 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12 month low of $169.06 and a 12 month high of $205.20. The stock’s 50 day moving average price is $199.56 and its 200 day moving average price is $195.10.

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.