Golden State Wealth Management LLC Has $4.82 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Golden State Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 24,832 shares of the company’s stock after acquiring an additional 2,109 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.7% of Golden State Wealth Management LLC’s holdings, making the stock its 29th biggest holding. Golden State Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $4,817,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mendel Capital Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 2.5% in the 1st quarter. Mendel Capital Management LLC now owns 62,555 shares of the company’s stock valued at $12,135,000 after acquiring an additional 1,536 shares during the period. Confluence Wealth Services Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 10.2% in the 1st quarter. Confluence Wealth Services Inc. now owns 660,392 shares of the company’s stock valued at $122,721,000 after acquiring an additional 61,141 shares during the period. Crescent Grove Advisors LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 1.6% in the 1st quarter. Crescent Grove Advisors LLC now owns 13,000 shares of the company’s stock valued at $2,522,000 after acquiring an additional 201 shares during the period. Highland Capital Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 3.4% in the 1st quarter. Highland Capital Management LLC now owns 4,597 shares of the company’s stock valued at $892,000 after acquiring an additional 151 shares during the period. Finally, Elevated Capital Advisors LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 3.1% in the 1st quarter. Elevated Capital Advisors LLC now owns 2,033 shares of the company’s stock valued at $394,000 after acquiring an additional 62 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $207.81 on Friday. The firm has a 50-day moving average of $197.93 and a 200-day moving average of $196.38. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $208.11. The company has a market cap of $93.66 billion, a PE ratio of 23.32 and a beta of 0.85.

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.