Avidian Wealth Solutions LLC Grows Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Avidian Wealth Solutions LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 714.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,292 shares of the company’s stock after purchasing an additional 17,801 shares during the period. Avidian Wealth Solutions LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,458,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $345,621,000. HB Wealth Management LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 7.1% during the 4th quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock valued at $655,534,000 after buying an additional 254,175 shares during the last quarter. Confluence Wealth Services Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 155.7% during the fourth quarter. Confluence Wealth Services Inc. now owns 398,995 shares of the company’s stock worth $67,989,000 after buying an additional 242,983 shares in the last quarter. Creative Planning increased its stake in shares of Vanguard Dividend Appreciation ETF by 24.7% in the third quarter. Creative Planning now owns 971,389 shares of the company’s stock worth $150,934,000 after buying an additional 192,408 shares during the last quarter. Finally, Morgan Stanley raised its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the third quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after acquiring an additional 190,258 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.0 %

VIG stock traded up $1.72 during mid-day trading on Friday, hitting $176.94. 675,025 shares of the company were exchanged, compared to its average volume of 995,284. The firm has a fifty day simple moving average of $178.40 and a 200 day simple moving average of $170.80. The company has a market capitalization of $76.49 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52.

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.