Smith Moore & CO. Has $12.64 Million Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Smith Moore & CO. boosted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,101 shares of the company’s stock after buying an additional 702 shares during the period. Vanguard Dividend Appreciation ETF comprises 1.7% of Smith Moore & CO.’s investment portfolio, making the stock its 11th largest holding. Smith Moore & CO.’s holdings in Vanguard Dividend Appreciation ETF were worth $12,644,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VIG. Milestone Investment Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $25,000. Cascade Investment Advisors Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 1st quarter valued at approximately $27,000. WealthPLAN Partners LLC bought a new stake in Vanguard Dividend Appreciation ETF during the first quarter worth approximately $27,000. Financial Freedom LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $28,000. Finally, Freedom Wealth Alliance LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $31,000.

Vanguard Dividend Appreciation ETF Stock Up 0.3 %

Shares of VIG stock traded up $0.53 during trading hours on Friday, reaching $161.74. 258,266 shares of the company’s stock were exchanged, compared to its average volume of 1,100,764. Vanguard Dividend Appreciation ETF has a fifty-two week low of $132.64 and a fifty-two week high of $167.33. The stock has a market capitalization of $69.09 billion, a P/E ratio of 20.10 and a beta of 0.85. The business has a fifty day moving average price of $162.96 and a 200-day moving average price of $157.61.

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.