Cornerstone Financial Management LLC Purchases Shares of 17,080 Vanguard Dividend Appreciation ETF $VIG

Cornerstone Financial Management LLC purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,080 shares of the company’s stock, valued at approximately $3,754,000. Vanguard Dividend Appreciation ETF makes up about 3.5% of Cornerstone Financial Management LLC’s holdings, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VIG. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Eagle Bay Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Lloyd Advisory Services LLC. acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Garner Asset Management Corp acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $35,000. Finally, Murphy & Mullick Capital Management Corp raised its stake in Vanguard Dividend Appreciation ETF by 158.7% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 163 shares of the company’s stock valued at $36,000 after buying an additional 100 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock opened at $235.73 on Friday. Vanguard Dividend Appreciation ETF has a 1-year low of $198.37 and a 1-year high of $236.71. The stock has a market cap of $108.79 billion, a PE ratio of 23.32 and a beta of 0.82. The stock’s fifty day moving average is $228.50 and its two-hundred day moving average is $224.51.

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