Wealth Enhancement Advisory Services LLC Acquires 264,483 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Wealth Enhancement Advisory Services LLC grew its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 28.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,199,854 shares of the company’s stock after buying an additional 264,483 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $237,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $29,000. Providence Capital Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter worth $33,000. Bank of New Hampshire increased its position in shares of Vanguard Dividend Appreciation ETF by 244.4% in the 4th quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after buying an additional 154 shares in the last quarter. Bangor Savings Bank grew its stake in Vanguard Dividend Appreciation ETF by 41.0% in the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after acquiring an additional 64 shares during the period. Finally, Morton Brown Family Wealth LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 661.8% during the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after purchasing an additional 225 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 1.4 %

Shares of NYSEARCA:VIG traded down $2.74 during trading on Friday, hitting $193.07. 566,034 shares of the company’s stock traded hands, compared to its average volume of 961,708. The company has a 50-day moving average price of $199.80 and a 200-day moving average price of $194.69. Vanguard Dividend Appreciation ETF has a 52 week low of $168.65 and a 52 week high of $205.20. The company has a market cap of $83.47 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.