MAI Capital Management Grows Holdings in Vanguard Dividend Appreciation ETF $VIG

MAI Capital Management increased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,008,528 shares of the company’s stock after purchasing an additional 65,154 shares during the period. Vanguard Dividend Appreciation ETF accounts for 1.4% of MAI Capital Management’s investment portfolio, making the stock its 11th largest holding. MAI Capital Management owned 0.22% of Vanguard Dividend Appreciation ETF worth $217,630,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VIG. Oliver Luxxe Assets LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% during the third quarter. Oliver Luxxe Assets LLC now owns 12,454 shares of the company’s stock worth $2,687,000 after buying an additional 46 shares during the period. Cornerstone Wealth Group LLC increased its position in Vanguard Dividend Appreciation ETF by 3.2% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 1,498 shares of the company’s stock valued at $323,000 after acquiring an additional 47 shares during the period. Firethorn Wealth Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 3.9% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 1,271 shares of the company’s stock worth $274,000 after acquiring an additional 48 shares during the period. LJI Wealth Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.8% during the third quarter. LJI Wealth Management LLC now owns 1,743 shares of the company’s stock worth $376,000 after purchasing an additional 48 shares during the last quarter. Finally, CFO4Life Group LLC grew its position in Vanguard Dividend Appreciation ETF by 3.1% in the 2nd quarter. CFO4Life Group LLC now owns 1,633 shares of the company’s stock valued at $334,000 after buying an additional 49 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $226.77 on Wednesday. The stock has a market capitalization of $105.22 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $230.53. The company’s fifty day moving average is $224.36 and its two-hundred day moving average is $218.85.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.