Suncoast Equity Management Buys New Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Suncoast Equity Management purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,441 shares of the company’s stock, valued at approximately $282,000.

Other hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $29,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $38,000. Bank of New Hampshire boosted its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% during the 4th quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after buying an additional 154 shares during the last quarter. Bangor Savings Bank boosted its stake in shares of Vanguard Dividend Appreciation ETF by 41.0% during the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after buying an additional 64 shares during the last quarter. Finally, Creative Capital Management Investments LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $45,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $204.17 on Friday. The stock’s 50-day simple moving average is $199.82 and its 200 day simple moving average is $197.87. Vanguard Dividend Appreciation ETF has a 52-week low of $173.17 and a 52-week high of $205.24. The company has a market cap of $88.27 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.