35,299 Shares in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Purchased by Keystone Financial Group Inc.

Keystone Financial Group Inc. bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 35,299 shares of the company’s stock, valued at approximately $6,913,000. Vanguard Dividend Appreciation ETF makes up about 5.6% of Keystone Financial Group Inc.’s investment portfolio, making the stock its 5th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after buying an additional 11,312,895 shares during the period. LPL Financial LLC grew its holdings in Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock valued at $1,150,493,000 after purchasing an additional 314,952 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Vanguard Dividend Appreciation ETF by 28.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after purchasing an additional 264,483 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its position in Vanguard Dividend Appreciation ETF by 53.3% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock worth $115,016,000 after purchasing an additional 204,136 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its stake in Vanguard Dividend Appreciation ETF by 108.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock worth $68,381,000 after purchasing an additional 179,441 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.2 %

Shares of NYSEARCA VIG opened at $203.54 on Friday. The stock has a market capitalization of $87.99 billion, a PE ratio of 24.54 and a beta of 0.78. The firm has a fifty day moving average of $199.60 and a 200-day moving average of $196.71. Vanguard Dividend Appreciation ETF has a 52-week low of $172.54 and a 52-week high of $205.20.

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.