Fifth Third Wealth Advisors LLC Has $8.50 Million Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Fifth Third Wealth Advisors LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 449.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 42,935 shares of the company’s stock after buying an additional 35,127 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $8,504,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Family Firm Inc. bought a new position in Vanguard Dividend Appreciation ETF during the second quarter worth $25,000. 1620 Investment Advisors Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at about $26,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth about $29,000. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $33,000. Finally, HighMark Wealth Management LLC increased its position in Vanguard Dividend Appreciation ETF by 371.8% in the 2nd quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after buying an additional 145 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $199.44 on Tuesday. The stock’s 50 day simple moving average is $198.11 and its 200 day simple moving average is $190.04. The company has a market cap of $86.22 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a fifty-two week low of $161.92 and a fifty-two week high of $203.80.

Vanguard Dividend Appreciation ETF 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.